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A tax advisory group appealed its failed challenge to the IRS’s guidance for reviewing employee retention credit claims, arguing the agency unlawfully restricted the availability of the pandemic-era ...
A federal court has upheld the IRS’s right to use automated tools to review Employee Retention Credit (ERC) claims, rejecting a challenge brought by two tax preparation firms. In ERC Today LLC v.
Summary. It appears that the flood gates have opened and that the IRS is finally processing and paying claims for the employee retention credit (ERC) en masse.After waiting a very long time (often ...
Congress authorized a tax credit for employers that kept staffers on their payrolls during the economic downturn caused by the pandemic. Lindell and the IRS disagree about the year for which his ...
The Senate confirmed Long on a 53-44 vote despite Democrats’ concerns about the Republican's past work for a firm that pitched a fraud-ridden coronavirus pandemic-era tax break.
Stock image of IRS income tax return forms and U.S. dollars. GETTY How Much Can You Get? The 2021 stimulus payments were worth up to $1,400 per individual, or $2,800 per married couple.
Billy Long’s effort to promote the credit, along with his advocacy of a fraud-ridden pandemic-era tax break, was scrutinized during his Senate confirmation hearing. By Andrew Duehren Reporting ...