7 Ways to Avoid Employee Retention Credit Scams

TJ Developer Last Modified April 23, 2023 No Comments

Real Deadline to Apply for the ERC – Employer Services Insights

Some tax advisors are misstating the rules related to deadlines for Employee Retention Credit (ERC) claims. They may say that amendments can be filed up to three years from each quarterly payroll tax filing date, resulting in a separate deadline…

IRS Warning – watch out for low quality ERC Processors

IR-2023-49, March 20, 2023 WASHINGTON — In a further warning to people and businesses, the Internal Revenue Service added widely circulating promoter claims involving Employee Retention Credits as a new entry in the annual Dirty Dozen list of tax scams.…

Will The IRS Deny Your Claim For The Employee Retention Tax Credit?

The employee retention credit (ERC) started out slow but keeps going strong, even to the present day. When it was first enacted on March 27, 2020 as part of the CARES Act, it received little fanfare because taxpayers that received…