Category: ERC

Amid a surge of fraudulent and inaccurate applications for the Employee Retention Tax Credit (ERTC), the IRS has issued several warnings to taxpayers. The federal agency has told businesses to look out for con artists making assurances that seem too good…

Like most industries, the legal sector was heavily impacted by the pandemic. Due to modified services and closures, as well as restrictions on in-person meetings, many court operations were halted. With courtrooms closed and client meetings turning virtual, law firms…

Thanks to the Employee Retention Tax Credit (ERTC), businesses that kept workers employed could be eligible to receive a tax refund of up to $26,000 per qualified employee.  However, the rules regarding the ERTC are complex, and if you’re not…

Since the first deadline for claims for the Employee Retention Tax Credit, also known as the ERTC or ERC, is approaching very soon, if you haven’t yet claimed it, you might be seeking ways to do so quickly and effectively.…

Did someone claim your business could pursue a large tax credit from the ERTC? Did you file a claim under this promise, only to receive a notice from the IRS that you may have committed ERTC fraud? The ERTC has…

After a flood of scams surrounding the Employee Retention Tax Credit (ERTC), the IRS has temporarily stopped processing new ERTC claims. Legitimate applications may take longer to process, and the IRS now provides businesses with a way to withdraw ERTC…

With the Employee Retention Tax Credit (ERTC) becoming more well-known and ERTC scammers encouraging businesses to file inaccurate claims, ERTC audits are in full swing now. As a business, you need to understand how these audits work so you can…

The Employee Retention Tax Credit (ERTC) aims to assist business owners affected by the COVID-19 pandemic. Unfortunately, many fake ERTC professionals have given inaccurate information about the ERTC and filed fraudulent claims on behalf of their clients. The IRS has…

The Employee Retention Tax Credit can be a lifesaver for business owners who struggled financially during the COVID-19 pandemic. When the program first launched, hundreds of businesses took advantage of the credit, whether they qualified or not. As a result,…

You know that the IRS can audit your tax return, but you may not have known that it audits ERTC claims. IRS scrutiny for ERTC claims has recently increased because of the prevalence of fraudulent third-party submissions. If the IRS…