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Red Flags for Employee Retention Credit (ERC)

Posted in Small Business, Tax News on September 22, 2023

Red flags for Employee Retention Credit claims; IRS reminds businesses to watch out for warning signs of aggressive promotion that can mislead people into making improper ERC claims IR-2023-170: Page Last Reviewed or Updated: 15-Sep-2023   WASHINGTON — The Internal…

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IRS Orders Immediate Stop To New Employee Retention Credit Processing

Posted in Small Business, Tax News on September 21, 2023

To protect taxpayers from scams, IRS orders immediate stop to new Employee Retention Credit processing amid surge of questionable claims; concerns from tax pros   IR-2023-169, Sept. 14, 2023   Aggressive marketing to ineligible applicants highlights unacceptable risk to businesses…

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