The Eighth Amendment of the U.S. Constitution provides that excessive bail shall not be required, nor excessive fines imposed, nor cruel and unusual punishments inflicted. The IRS has for many years calculated penalties...
Category: Blog
ERC Voluntary Disclosure Program Revived
August 15, 2024
On August 15, 2024, the IRS announced that they are opening a new ERC Voluntary Disclosure Program (VDP). The new program is similar to the first iteration of the program. Employers will be able to correct improper payments...
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?
August 12, 2024
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
August 9, 2024
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...