Resources

The IRS has been extremely vocal about the number of erroneous and/or fraudulent Employee Retention Credit (ERC) filings and its intent to seek repayment of these improper ERC payments. On June 26th, the 9th Circuit Court of...

Firm Partner, Mary E. Wood was quoted in a Tax Notes article published June 27, 2024 written by Lauren Loricchio, titled, “Address ERC Backlog, Taxpayer Advocate Urges.” The article discusses the release of the...

Employers are facing a pivotal moment with the Internal Revenue Service’s (IRS) latest announcement regarding the Employee Retention Credit (ERC). In a news release dated June 20, 2024 (link) the IRS acknowledged that it is...

The IRS has been actively issuing notices regarding the recapture of excess employee retention credits (ERC). And, based on IRS public comments, it is anticipated that they will soon begin sending out recapture letters for...

Prior blog posts have discussed making voluntary disclosures to the IRS generally and for specific issues, such as offshore bank accounts, virtual currency and most recently the Employee Retention Credit. One thing we have...