On August 15, 2024, the IRS not only announced a second ERC Voluntary Disclosure Program (VDP), they also announced that this fall they would be mailing a large volume of letters (“up to 30,000”) reversing...
ERC Denial Letters: What To Do?
Having been involved in ERC matters for some time now, we have been waiting for the IRS to finally act—and act in a material manner—with respect to its massive inventory of pending ERC claims. The IRS is finally acting....
ERC All the Time: Another Update from IRS on Enforcement
On August 8, 2024, the IRS released another update on its ERC efforts – the second update in two weeks. Beyond confirming the IRS’ commitment to ferreting out abuse and reminding taxpayers of various options to remediate...
Firm Partner, Mary Wood was quoted in a Tax Notes article published on August 1, 2024
Firm Partner, Mary E. Wood, was quoted in a Tax Notes article published on August 1, 2024, written by Lauren Loricchio, titled “Court Denies Request to Lift ERC Processing Moratorium.” The article discusses the...
IRS and Jeopardy Assessment
It has been almost four years since we lost the great Alex Trebek, the host of Jeopardy, one of the greatest game shows in television history. Trebek was the host of Jeopardy for 37 years and Jeopardy has not been the same...