The IRS said Thursday that it plans to deny the vast majority of claims ... the tax credit in March 2020 to help businesses that kept paying employees after being shut down early in the pandemic.

Enacted to support small businesses during the Covid-19 pandemic, the employee retention credit ... The IRS will deny ...

Pop-up firms and marketers created a mini-industry that encouraged a flood of claims long after the pandemic ... tax credit, ...

NEW YORK — The Internal Revenue Service said Thursday a review of 1 million claims for the Employee Retention Credit ... IRS Commissioner Danny Werfel. “We will now use this information to ...

The IRS announced Thursday that it will stop processing any new claims by businesses for the Employee Retention Credit, putting a halt to a tax-relief program that was meant to prevent layoffs in ...

The IRS said Thursday that it will begin processing a backlog of claims ... the tax credit in March 2020 to help businesses that kept paying employees after being shut down early in the pandemic.

The Internal Revenue Service is planning to deny billions of dollars of what it says are improper claims for a popular pandemic ... IRS, following a long review of the employee retention tax ...