Scammers are exploiting the IRS's recent initiative to distribute unclaimed $1,400 Recovery Rebate Credits to eligible taxpayers.
During and after the pandemic, the ERC and other tax credits were big business for tax professionals. But the IRS denied bogus claims, and some cases are criminal.
Indictment unsealed for the largest Employee Retention Credit fraud in the U.S., charging seven individuals with exploiting pandemic aid.
Seven New Yorkers have been charged in a sweeping tax fraud scheme, accused of exploiting pandemic relief programs to steal ...