In the years since COVID-19 shut down the country, many businesses applied for the Congressionally-authorized Employee Retention Credit (ERC), a valuable relief program created during the pandemic to ...

Editor’s Note: In September 2023, the IRS stopped processing new ERC claims. The IRS began processing ERC claims again on August 8, 2024. The IRS also announced a voluntary disclosure and repayment ...

The Employee Retention Credit (ERC) was introduced as part of the March 2020 Coronavirus Aid, Relief, and Economic Security (CARES) Act to encourage businesses to maintain their workforce during the ...

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Businesses may be owed COVID-era employee retention credit refunds, but a strict two-year deadline is approaching. What ...

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 agency has announced it is opening a supplemental claim process to help third-party payers and their clients resolve incorrect claims related to the Employee Retention Credit. Third-party payers, ...

The Emporia Recreation Commission will pay $556,119.73 to the IRS as part of returning funds from improperly claimed tax ...