by James Wade | Feb 16, 2024 | Employee Retention Credit (ERC), IRS, IRS Audits, IRS Penalties, Tax Fraud
PSA: Key Deadline Fast Approaching in Employee Retention Credit Voluntary Disclosure Program If you claimed the employee retention credit (ERC) and maybe you should not have then you may want to consider taking advantage of the IRS’ voluntary disclosure program....
by James Wade | Jan 8, 2024 | Employee Retention Credit (ERC), IRS, IRS Audits, IRS Penalties, Tax Fraud
PSA: A Quick Snapshot of the IRS Employee Retention Credit Voluntary Disclosure Program Late December the IRS rolled out a new voluntary disclosure program for taxpayers who improperly claimed the employee retention credit (“ERC”). I am writing a quick post about the...
by James Wade | Dec 6, 2023 | Employee Retention Credit (ERC), IRS, IRS Audits, IRS Penalties, Tax Fraud
Public Service Announcement – IRS Issues 20,000 Disallowance Letters on Employee Retention Credit Claims Hot off the press! The IRS has announced that it is going to send out 20,000 disallowance letters. The IRS is letting certain employers know that they failed...
by James Wade | Nov 20, 2023 | Employee Retention Credit (ERC), IRS, IRS Audits, IRS Penalties, Tax Fraud
3 Warning Signs Your Employee Retention Credit (ERC) May Be Audited In my last post, I talked about the IRS’ moratorium on ERC claims and how to withdraw a claim. In this post, I am going to discuss the big three warning signs that your ERC claim may be looking...
by James Wade | Nov 6, 2023 | IRS, IRS Audits, IRS Penalties, Tax Fraud
Public Service Announcement – IRS Moratorium on Employee Retention Credit Claims (“ERC”) and What it Means for You Unless you’ve been living under a rock, most people have heard about the COVID era credit for employers who kept their businesses...
by James Wade | Sep 23, 2022 | Fraud & Scams, Income Taxes, IRS, Tax Controversies, Tax Fraud
How to Know if You Have Been Contacted by a Scammer Scammers are everywhere you look. Charity scams. COVID loan scams. Student or mortgage loan relief scams. And, of course, tax scams. You would be a very rare bird indeed – or Rip Van Winkle, if you haven’t...
