The IRS is rejecting thousands of ERC applications and clawing back others, and it's now giving businesses that already received money an off ramp. Business owners that received a payout from the ...

IRVINE, Calif., June 15, 2023 (GLOBE NEWSWIRE) -- Omega Accounting Solutions, an accounting and data firm that empowers small businesses to make informed decisions through powerful accounting ...

WASHINGTON, DC - APRIL 19: Internal Revenue Service Commissioner Daniel Werfel prepares to testify before the Senate Finance Committee about the Biden Administration's proposed budget request for ...

Over the past week, the IRS has announced two significant developments in its administration and enforcement of the Employee Retention Credit (ERC). Last week, the IRS' three-part announcement ...

Citing the Employee Retention Credit—or ERC—as a “major concern,” the IRS has announced a voluntary disclosure program for businesses who want to pay back the ...

Businesses that want to repay money received from questionable employee retention credit (ERC) claims can do so through a new voluntary disclosure program announced Thursday by the IRS (Announcement ...

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On 7/15/24, the IRS announced via Notice IR-2024-212 the re-opening of the ERC (Employee Retention Credit) Voluntary Disclosure Program which will end on 11/22/24. The first ERC Voluntary Disclosure ...

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 ...