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 ...
On July 26, 2024, the IRS announced that they are in the final stages of reopening the Employee Retention Credit (ERC) Voluntary Disclosure Program. The ERC is a credit that was available to certain ...
The IRS’s Voluntary Disclosure Practice helps taxpayers fix past non-compliance with protections from prosecution. Due to low ...
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 ...
The Internal Revenue Service (IRS) has issued an urgent reminder to businesses to address improper Employee Retention Credit (ERC) claims through the agency's Voluntary Disclosure Program. With the ...
April 29, 2024 - On April 15, 2024, the Department of Justice released its "Criminal Division's Pilot Program on Voluntary Self-Disclosures for Individuals." Similar in many ways to programs ...
In the span of 15 months, the U.S. Department of Justice (DOJ) and certain individual U.S. Attorney's Offices announced no less than six different voluntary self-disclosure or whistleblower policies ...
The IRS will reopen its voluntary disclosure program (VDP), allowing businesses to correct questionable employee retention credit (ERC) claims at a discount (Announcement 2024-30). The revised VDP, ...
It’s a legendary scene from the classic film “Goodfellas”, when the Robert DeNiro character reminds the just acquitted Ray Liotta character about “the two greatest things in life: Never rat on your ...
The Internal Revenue Service announced Thursday it plans to mail up to 30,000 letters to reverse potentially more than $1 billion in incorrect Employee Retention Credit claims. Processing Content It ...
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