[ad_1] The Internal Revenue Service (IRS) has launched an initiative for small business owners who have mistakenly claimed Employee Retention Credits (ERC). The new Voluntary Disclosure Program offers an opportunity…
Tag: Questionable
IRS halts processing of a small business tax break amid ‘surge of questionable claims’
[ad_1] IRS Commissioner Danny Werfel ordered the agency to immediately stop processing new claims for the employee retention credit. The ERC, which was created to support small businesses during the Covid-19…