Over the last year, lawmakers have passed many tax breaks for businesses due to the coronavirus pandemic. Now, the Biden administration is encouraging the hardest-hit businesses to take advantage of ...

Missed the opportunity to apply for the Employee Retention Credit (ERC) Voluntary Disclosure Program? The IRS is giving you a second chance. The IRS has announced a second ERC voluntary disclosure ...

The IRS’ second employee retention credit (ERC) voluntary disclosure program for businesses who want to pay back the money they received after filing ERC claims in ...

Employers, many of them small businesses, that were duped into applying for pandemic tax credits they didn't deserve now have the chance to pay back the money without facing penalties — but the ...

The lawsuit is one of several filed in recent years to allege delayed Employee Retention Credits for employers that dealt with business disruptions during the pandemic’s earliest phases. Congress ...

You can add the Internal Revenue Service to the ranks of federal agencies conceding that raining taxpayer money on all and sundry to offset the negative effects of pandemic-era closures didn't go as ...

In its attempt to speed processing of employee retention credit (ERC) claims, the IRS changed its policy for pre-refund examinations and should consider reviewing nearly 185,000 claims totaling almost ...