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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,...
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· 8 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 via AOL· 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 ...
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...
Child care tax credits, a top priority for Missouri governor, face uphill battle in the Senate
Missouri Independent via Yahoo News· 1 hour agoFor the second year in a row, the fate of a bill creating new child care tax credits — one of Gov....
New York lawsuit is a window into Bitwise’s problems. It cost company $6.4 million
Fresno Bee McClatchy via AOL· 11 months agoAn apparent quest for cash last fall prompted Fresno-based Bitwise Industries and its co-CEO, Jake...
IRS struggles to get tax refunds to nearly 500,000 victims of ID theft
USA TODAY via Yahoo Finance· 4 months agoVictims of tax-related identity theft can face extraordinary delays, waiting more than a year and a...
Tax breaks for parents, businesses possible in last-minute deal
Politico via Yahoo News· 4 months agoThe chief tax writers in Congress have reached a long-awaited deal on a roughly $80 billion package...