News
Pandemic-era ERC started with good intentions, ending with frustration
April 08, 2025
The pandemic-era employee retention credit (ERC) officially ends April 15, but its legacy will live on in delayed payments to the businesses it was designed to help, fraudulent activity related to its claims, and confusion not only for taxpayers and tax professionals but also for the IRS.
IRS Adds New Answers to Employee Retention Credit FAQs in Response to Practitioner Questions
March 25, 2025
The Employee Retention Credit FAQs have been update and answer a number of questions that practitioners have been asking.
Businesses with dubious ERC claims have another chance with the IRS
August 15, 2024
The IRS will reopen its voluntary disclosure program (VDP), allowing businesses to correct questionable employee retention credit (ERC) claims at a discount (Announcement 2024-30).