The IRS added five FAQs about the employee retention credit (ERC) on March 20, mainly discussing how to handle the pandemic-era credit on tax returns under various scenarios. The FAQs are not ...
Taxpayers who receive an ERC after (or near) the expiration of the statute of limitations for the year to which the ERC relates should consult with their tax professional about whether to include the ...
The lawsuit is one of several filed in recent years to allege delayed Employee Retention Credits for employers that dealt with business disruptions during the pandemic’s earliest phases. Congress ...
The sweeping budget and tax overhaul making its way through Congress could be the death knell for a popular tax credit — and thousands of businesses could potentially miss out on payments. Republicans ...
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MyChesCo on MSNOpinion
Your Tax Dollars at Work—But Are They Enough? The Truth About IRS Progress and Unresolved Taxpayer Struggles
For the first time in years, good news is coming from the IRS about taxpayer services. According to National Taxpayer Advocate Erin M. Collins’ 2024 Annual Report to ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The sweeping budget and tax ...
The sweeping budget and tax overhaul making its way through Congress could be the death knell for a popular tax credit — and thousands of businesses could potentially miss out on payments. Republicans ...
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