Should I Stay or Should I Go? The IRS Makes the Decision Hard for Employers Who Filed For or Accepted Refunds Under the Employee Retention Tax Credit

The Internal Revenue Service (IRS) recently announced two relief programs for employers that may have claimed credits under the employee retention credit (ERC) based on erroneous or specious eligibility standards. Owing in large part to what the IRS believes has been widespread abuse, the relief programs are aimed primarily at employers that may have been misled by third-party promotors into believing that they were eligible for the credit. Continue reading >