The taketh part of the bill is the proposed early cut-off of filing for the Employee Retention Credit (ERC). ERC claims must have been filed by January 31, 2024 (if the bill as currently drafted ...

The IRS notified workers essential to the 2025 tax filing season they must work until May 15 even if they accepted the Trump ...

The Employee Retention Credit (ERC) emerged as a pivotal support mechanism for businesses during the COVID-19 pandemic, offering financial relief to those who retained employees amidst economic ...

Take, for example, the employee retention tax credit (ERTC), a federal payroll tax break available to businesses economically hurt by the coronavirus crisis but continue to keep employees on the ...

The Employee Retention Tax Credit (ERC or ERTC) has been in the news. The IRS continues to warn taxpayers about ERC refund scams and ramped up enforcement to root out false claims for the pandemic ...

In a May 2021 article in Think Outside The Tax Box, I referred to the Employee Retention Credit as the ugly stepchild of the 2020 CARES Act. The reason was that the Paycheck Protection Program was ...

The National Taxpayer Advocate report detailed problems, including nearly 1.2 million employee retention credit claims that remained unprocessed.

On January 22, 2025, the US Department of Justice (DOJ) announced the indictment of seven individuals in the largest Employee Retention Credit ...

For 2021 this credit can equal up to $14,000 for each eligible employee. CLA also provides a service on handling all of the paperwork involved in dealing with the ERC. If this is something you may ...

A human resources company’s claim for an unprocessed pandemic-era tax credit can’t be considered at a hearing to address a separate tax liability, the US Tax Court said Thursday.

This is good news. The mostly bad news is that owners of their corporations and their spouses will not qualify for the credit in almost all situations. The only situation where you would qualify ...

Overseeing this from a financial standpoint was James Rohrbaugh, who was hired as Northern Light Health's executive vice ...