The taketh part of the bill is the proposed early cut-off of filing for the Employee Retention Credit (ERC). ERC claims must have been filed by January 31, 2024 (if the bill as currently drafted ...

For 2021 this credit can equal up to $14,000 for each eligible employee. CLA also provides a service on handling all of the paperwork involved in dealing with the ERC. If this is something you may ...

In a May 2021 article in Think Outside The Tax Box, I referred to the Employee Retention Credit as the ugly stepchild of the 2020 CARES Act. The reason was that the Paycheck Protection Program was ...

Democratic senators launched an inquiry Wednesday into Trump’s nominee for IRS commissioner, former Rep. Billy Long (R-Mo.). They want to know how he went about promoting a pandemic-era tax credit, ...

The IRS said Thursday that it plans to deny the vast majority of claims for the Employee Retention Credit program ... radio ...

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 ...

WASHINGTON (AP) — The IRS boosted taxpayer services through Democrats’ Inflation Reduction Act but still faces processing ...

Lawsuits are descending upon the IRS over tax refunds related to the Employee Retention Credit, and this could just be the beginning. For example, an industrial staffing company in Ohio ...

Roughly 1.2 million taxpayers faced incredibly long waits last year for their tax refund cash after getting hit by ...

We have discussed several times the opportunity for farmers to claim the Employee Retention Credit (ERC) for wages paid during the first three quarters of 2021. In brief, you will qualify for the ...