Congress enacted surprise changes to the employee retention credit. Here’s how the change may affect eligible companies.

In the middle of this year, Congress approved a comprehensive tax package that contains adjustments to the Employee Retention Credit (ERC). The changes are expected to shift how new and existing ...

Recent legislation has brought surprise changes to the Employee Retention Credit. Some claims are now at risk.

The legislation included provisions that formally brought the ERC program to a close and adjusted the rules governing claims that were still being processed.
JournalofAccountancy

ERC abuse brings renewed push for regulation of paid tax preparers

Abuse of the employee retention credit (ERC) by aggressive promoters who make questionable promises has pushed Treasury to renew the call for the regulation of paid tax return preparers, an action ...
JournalofAccountancy

ERC voluntary disclosure program requiring 80% claim payback launched

Businesses that want to repay money received from questionable employee retention credit (ERC) claims can do so through a new voluntary disclosure program announced Thursday by the IRS (Announcement ...
Washington City Paper

5 Best ERC Companies and Agencies to Get Your ERC Tax Credit

Do you know what grinds my gears? Taxes. All those forms, calculations, and rules—it’s enough to make your head spin! But one tax credit makes the headache worthwhile: the Employee Retention Credit ...