IRS issues renewed warning on Employee Retention Credit claims

IR-2023-40, March 7, 2023 — The Internal Revenue Service today issued a renewed warning urging people to carefully review the Employee ...

IRS shares new warning signs of incorrect claims for Employee ...

The IRS recently shared five new warning signs of incorrect claims by businesses for the Employee Retention Credit.

IRS enters next stage of Employee Retention Credit work; review ...

The IRS cautioned taxpayers who filed ERC claims that the process will take time, and the agency warned that processing speeds will not return ...

IRS opens 2023 Dirty Dozen with warning about Employee ...

... claims involving Employee Retention Credits as a new entry in the annual Dirty Dozen list of tax scams.

IRS warns Taxpayers of Improper Employee Retention Credit ...

Important Update as of Tuesday, March 7, 2023: The IRS issues renewed warning on Employee Retention Credit claims; false claims generate ...

Did You Receive a Notice of Claim Disallowance for Your Employee ...

During the last few weeks, the IRS sent about 28000 Notices of Claim Disallowance to businesses rejecting their claims for the Employee ...

IRS shares more warning signs of incorrect claims for the Employee ...

WASHINGTON — As the Internal Revenue Service intensifies work on the Employee Retention Credit, the agency today shared five new warning signs ...

IRS Repeats Cautions Regarding Aggressive Claims for Employee ...

... IRS issued a renewed warning to employers considering an Employee Retention Credit (“ERC”) claim ... warnings about these issues, this ...

IRS Renews Warning on Employee Retention Credit Fraud, DOJ ...

IRS Issues Renewed Warning ... The Internal Revenue Service (IRS) issued a renewed warning to taxpayers on March 7, 2023, urging them to carefully ...

IRS Commissioner signals new phase of Employee Retention Credit ...

The IRS reminds anyone who improperly claims the ERC that they must pay it back, possibly with penalties and interest. A business or tax-exempt ...

Don't Fall Victim to an Employee Retention Credit Scheme - TAS

The ERC is a refundable tax credit for businesses and tax-exempt organizations which continued paying employees while shutdown due to the COVID-19 pandemic.

IRS issues renewed warning on Employee Retention Credit claims

On March 7, 2023, the Internal Revenue Service (IRS) issued a renewed statement on the Employee Retention Credit, warning businesses of ERC ...

March 22 deadline approaching to resolve incorrect Employee ... - IRS

March 22 deadline approaching to resolve incorrect Employee Retention Credit claims; IRS urges businesses to review questionable claims to avoid ...

IRS reopens Voluntary Disclosure Program to help businesses with ...

The Employee Retention Credit (ERC) Voluntary Disclosure Program (VDP) will run through November 22 and allow businesses a chance to correct improper payments ...

Incorrect ERC? IRS Points to Five New Red Flags - Kiplinger

The IRS identified another wave of warning signs related to incorrect Employee Retention Tax Credit (ERC) claims.

IRS Introduces Second Opportunity for ERC Claimants to Correct ...

On August 15, 2024, the Internal Revenue Service launched a second Employee Retention Credit (ERC) Voluntary Disclosure Program for ...

IRS alerts businesses, tax-exempt groups of warning signs for ...

... renewed an alert for businesses to watch out for tell-tale signs of misleading claims involving the Employee Retention Credit.

The Clock Ticks for Employers With Inaccurate Employee Retention ...

The IRS has significantly increased its civil and criminal enforcement surrounding employee retention credit (ERC) claims.

Employee Retention Tax Credits Tax Insights - KBKG

Employee Retention Tax Credits: Five Recent Developments and Reminders. 10/08/2024 ; KBKG Tax Insight: IRS Issues ERC Disallowance Letters and Changes ERC ...

IRS Gives New Signs of Incorrect Employee Retention Credit Claims

The IRS has released guidance on the warning signs they have observed that indicate to them that employers should not have claimed the credit, ...