Remove insights irs-announces-erc-voluntary-disclosure-program
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IRS’s ERC Crackdown Has Stopped $1 Billion in Fraudulent Claims

CPA Practice

Taylor, Kiplinger Consumer News Service (TNS) In a recent announcement, the IRS revealed ongoing efforts to tackle erroneous Employee Retention Tax Credit (ERC) claims. According to the IRS, its Criminal Investigation division is reviewing an additional $3 billion in ERC claims. ERC audits.

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Friday Footnotes: Bob Moritz Disappoints Us; ERC Window Slamming Shut; 2024 Sucks For Firms? | 3.22.24

Going Concern

Deadlines ICYMI: The IRS Is Ready to Strike the Fear of God Into Anyone Who Took ERC Today, March 22, is the last day to participate in the Voluntary Disclosure Program. After that God help you if you made ERC claims you weren’t entitled to. Movers and Shakers Jackson M.

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A Business Valuation for Your Skagit County Business

SkagitCountyTaxServices

One other announcement to note… ​​If you filed an ERC claim in error and want to pay back money you received, the IRS has a new voluntary disclosure program for you. The program runs through March 22, 2024 (that only gives you a few months). We can help. )

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