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 ...

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 ...

Missed the opportunity to apply for the Employee Retention Credit (ERC) Voluntary Disclosure Program? The IRS is giving you a second chance. The IRS has announced a second ERC voluntary disclosure ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. The Internal Revenue Service (IRS) has issued an urgent reminder to ...

The IRS has unveiled a "voluntary disclosure program" for businesses that claimed a pandemic-era tax credit in error and want to pay the money back. The new voluntary ...

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, ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...