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ERC IRS Audit Representation: Your Comprehensive FAQ Guide

MyIRSRelief

ERC IRS Audit Representation: Your Comprehensive FAQ Guide The Employee Retention Credit (ERC) has been a lifeline for many businesses during challenging times, providing substantial relief. However, with the IRS actively scrutinizing ERC claims, it’s crucial for businesses to understand their rights and options when facing an audit.

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Last Week in Payroll: Localization of Work

ThomsonReuters

New legislation enacts a new, non-refundable income tax credit to be claimed by an employer for each verified blood donation made by an employee as part of a blood drive that is organized by an Oklahoma non-profit blood donation organization in coordination with an employer or group of employers.

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Shrinking the Delaware Tax Loophole: Other U.S. States to Incorporate Your Business

inDinero Tax Tips

Currently, Alabama, Arkansas, Delaware, Georgia, Illinois, Louisiana, Missouri, New York, North Carolina, and Oklahoma have a franchise tax. Excise Tax–Single Sales Factor is the basis of Oregon’s minimum business tax, and it does not use property or payroll to determine the basis. The personal Income Tax rate in Oregon is progressive.