The Employee Retention Credit (ERC) emerged as a pivotal support mechanism for businesses during the COVID-19 pandemic, ...

More than five years have passed since Congress created the employee retention credit (“ERC”) through the CARES Act. Between then and now, Congress has changed the applicable law four times,[1] and ...

WASHINGTON—The Internal Revenue Service’s first big batch of rejected claims of a controversial pandemic-era tax credit contains obvious mistakes by the government, tax advisers say, as the IRS ...