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Do I Need to Pay Taxes on the Employee Retention Credit?
SmartAsset via Yahoo Finance· 1 year agoAlthough swaths of the economy grounded to a halt in 2020 because of the COVID-19 pandemic,...
IRS warns that a tax credit everyone's heard about definitely isn't for everyone
Detroit Free Press via Yahoo News· 1 year agoWe've heard the radio ads. We've seen the tweets. Many small business owners and others even ended...
The IRS Is Warning Small Business Owners to Watch Out for This Scam
Motley Fool· 9 months agoImage source: Getty Images At the height of the COVID-19 pandemic, with unemployment rates rising,...
West Des Moines firm to lay off workers amid IRS crackdown on COVID-19 tax credits
The Des Moines Register via Yahoo Finance· 7 months agoA West Des Moines firm confirmed Friday it will lay off 78 workers as of Oct. 19 after the U.S....
IRS rejects claims from 20,000 taxpayers for lucrative small business tax credit
Yahoo Finance· 5 months agoThe IRS is taking action against small businesses that improperly filed returns claiming a lucrative...
Gillibrand demanding IRS issue employee retention credits owed to nearly a million businesses
Watertown Daily Times, N.Y. via Yahoo News· 1 year agoMay 4—WASHINGTON — Nearly a million businesses are owed an employee retention credit for keeping their staff on payroll through the early days of the COVID-19 pandemic, and Sen. Kirsten E. Gillibrand ...
Wrongly Take This Tax Credit? Own Up Without a Penalty.
Barrons.com· 2 months agoMany small business owners filed incorrect claims for the employee retention tax credit, a...
3 tax breaks small businesses don't want to miss
Yahoo Finance· 1 year agoSmall employers faced unprecedented times in the last couple of years. Fortunately, Congress passed tax incentives for small business owners to take...
New York lawsuit is a window into Bitwise’s problems. It cost company $6.4 million
Fresno Bee via Yahoo News· 11 months agoAn apparent quest for cash last fall prompted Fresno-based Bitwise Industries and its co-CEO, Jake...
IRS will pause taking claims for pandemic-era tax credit due to an influx of fraudulent claims
Associated Press via Yahoo News· 8 months agoThe Internal Revenue Service is pausing accepting claims for a pandemic-era tax credit until 2024...