Congress created the Employee Retention Credit (ERC) to give tax credits to businesses that kept employees on payroll instead ...

With concerns over numerous improper claims, the IRS is urging applicants for the Employee Retention Credit (ERC) to review ...

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 ...

The IRS continues efforts to tackle erroneous Employee Retention Tax Credit (ERC) claims. The agency says it has protected over $1 billion in revenue by increasing enforcement surrounding ...

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 ...

Tax policy is set for a pivotal year and while most will focus on potential corporate tax rate changes, a new issue is ...

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 ...

The refunds that Ms. Goode-McCoy sought were based on the Employee Retention Credit and the Sick and Family Leave Credit programs, court documents showed. The tax credits were part of trillions in ...

While scams are always an problem, the IRS is issuing a warning about a “growing concern” during the 2025 tax season.

Nearly 300 small business owners across the state can expect a combined $20 million in Covid-era funds that will be paid out ...

Omega Accounting Solutions’ core values. Through her role as director of fulfillment, she specifically focuses on employee ...