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Employee Retention Credit

  • IRS Warns of Looming Deadline to Correct Improper Tax Credit Claims or Face Penalties
    IRS Warns of Looming Deadline to Correct Improper Tax Credit Claims or Face Penalties
    The IRS has warned of a fast-approaching deadline to apply for a disclosure program for wrongly claimed tax credits to avoid penalties and interest.
    March 16, 2024BY Tom Ozimek
  • IRS Warns of Looming Deadline to Disclose Wrongly Received Tax Credits or Face Penalties
    IRS Warns of Looming Deadline to Disclose Wrongly Received Tax Credits or Face Penalties
    The IRS has issued an alert to taxpayers who erroneously claimed a pandemic-era tax credit and face a ...
    January 26, 2024BY Tom Ozimek
  • IRS Lets Taxpayers Who Wrongly Claimed Pandemic-Era Tax Credit Keep 20 Percent and No Penalty
    IRS Lets Taxpayers Who Wrongly Claimed Pandemic-Era Tax Credit Keep 20 Percent and No Penalty
    The IRS has launched a new program that lets taxpayers pay back only 80 percent of wrongly claimed ...
    December 21, 2023BY Tom Ozimek
  • IRS Warns Taxpayers to Brace for Demands to Return Funds Wrongly Received for Pandemic-Era Relief
    IRS Warns Taxpayers to Brace for Demands to Return Funds Wrongly Received for Pandemic-Era Relief
    The IRS sent over 20,000 letters telling taxpayers their claims for a pandemic-era tax break were disallowed—and that ...
    December 6, 2023BY Tom Ozimek
  • IRS Warns Taxpayers of Penalties Over Questionable Pandemic-era Tax Credits
    IRS Warns Taxpayers of Penalties Over Questionable Pandemic-era Tax Credits
    The IRS warns taxpayers they may have been duped into filing improper pandemic-era tax credits and may face ...
    October 19, 2023BY Tom Ozimek
  • IRS Halts Pandemic-Era Small-Business Tax Break Following ‘Flood’ of Potential Fraud Claims
    IRS Halts Pandemic-Era Small-Business Tax Break Following ‘Flood’ of Potential Fraud Claims
    The agency believes over $2.8 billion in claims under investigation could potentially be fraudulent and advises businesses to ...
    September 15, 2023BY Naveen Athrappully
TOP NEWS
  • The $1.25 Trillion Credit Card Bill—What to Know
    NEW By Andrew Moran
    The $1.25 Trillion Credit Card Bill—What to Know
  • Remote Jobs Linked to Wider Unemployment Gap for Young Workers: New York Fed
    1hr By Bill Pan
    Remote Jobs Linked to Wider Unemployment Gap for Young Workers: New York Fed
  • Judge Blocks Trump’s $100,000 Fee for H-1B Visas
    2hr By Zachary Stieber
    Judge Blocks Trump’s $100,000 Fee for H-1B Visas
  • UN Nuclear Watchdog Calls on Iran to Engage, Allow Inspections
    2hr By Jack Phillips
    UN Nuclear Watchdog Calls on Iran to Engage, Allow Inspections
  • DOJ Asks Courts to Strip 17 Criminals of US Citizenship
    3hr By Zachary Stieber
    DOJ Asks Courts to Strip 17 Criminals of US Citizenship
  • Starmer Calls for Controls to Stop Children Viewing, Sending, Taking Nude Images
    3hr By Guy Birchall
    Starmer Calls for Controls to Stop Children Viewing, Sending, Taking Nude Images
  • EU Imposes New Sanctions on Iran Over Strait of Hormuz Restrictions
    4hr By Jack Phillips
    EU Imposes New Sanctions on Iran Over Strait of Hormuz Restrictions
  • France Probes Judicial System Failures After Murder of Schoolgirl
    5hr By Chris Summers
    France Probes Judicial System Failures After Murder of Schoolgirl
  • USDA Confirms More Cases of Flesh-Eating New World Screwworm in Texas
    5hr By Jack Phillips
    USDA Confirms More Cases of Flesh-Eating New World Screwworm in Texas
  • Iran Halts Strikes on Israel but Warns of Renewed Attacks in Lebanon
    6hr By Tom Ozimek
    Iran Halts Strikes on Israel but Warns of Renewed Attacks in Lebanon
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