The IRS has released guidance to help taxpayers understand how new limitations under the One Big Beautiful Bill Act (OBBBA) will impact existing Employee Retention Credit (ERC) claims and refunds.
A recent court decision in Utah suggests that businesses are willing to file lawsuits against ERC advisors, but the result also illustrates that a win isn’t guaranteed. At the peak of the pandemic, ...
While the One Big Beautiful Bill Act made headlines for tax and spending cuts, it also contains significant changes to the federal government’s treatment of COVID era Employee Retention Tax Credit ...
In the middle of this year, Congress passed a broad tax package that included several updates affecting business credits and filings. The legislation included provisions that formally brought the ERC ...
It appears that the flood gates have opened and that the IRS is finally processing and paying claims for the employee retention credit (ERC) en masse. After waiting a very long time (often years) with ...
If your claim for the Employee Retention Tax Credit (ERTC) is still pending, the Trump administration’s newly enacted tax cuts and spending legislation contains some provisions that may impact you.
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 ...
The pandemic-era employee retention credit (ERC) officially ends April 15, but its legacy will live on in delayed payments to the businesses it was designed to help, fraudulent activity related to its ...
NEW YORK, NY / ACCESSWIRE / July 17, 2023 / Priority Concepts, which provides businesses with access to capital and financial services, has launched its ERC Advance Payment program to help clients ...
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 ...