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…
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…
IRS Shifts Focus of Compliance Enforcement from Working-Class to Wealthy Taxpayers IR-2023-166, Sept. 8, 2023 As part of an effort to restore fairness to the tax system, the IRS has announced its plan to shift the focus of compliance enforcement…
This article is original content written by Thomas Scanlon, CPA, CFP® of Manchester, CT. Do you have an IRS issue and you can’t seem to get it resolved? You’re not alone. Back in the day, if you had an…
This article is original content written by Thomas Scanlon, CPA, CFP® of Manchester, CT. Closely Held Businesses looking to negotiate a sale of their business will either do an Asset Sale or a Stock Sale. …
