The IRS has released guidance to help taxpayers understand how new limitations under the One Big Beautiful Bill Act (OBBBA) will impact existing Employee Retention Credit (ERC) claims and refunds.

A recent court decision in Utah suggests that businesses are willing to file lawsuits against ERC advisors, but the result also illustrates that a win isn’t guaranteed. At the peak of the pandemic, ...

With time running out for tens of thousands of taxpayers and a continuing case backlog, Frost Law urged the Internal Revenue Service to quickly establish procedures to allow more time for ...

The Employee Retention Credit (ERC), also known as the Employee Retention Tax Credit (ERTC), was introduced as a refundable tax credit to support businesses and tax-exempt organizations that retained ...

The Internal Revenue Service has now closed nearly all outstanding claims for the employee retention credit after it was hit by billions of dollars in improper claims, aside from about 41,000 claims ...

Was your business impacted negatively by the pandemic? Your business may be eligible for the Employee Retention Credit (ERC) tax refund. PPP and ERC Together The 2020 COVID relief bill established the ...

While the One Big Beautiful Bill Act made headlines for tax and spending cuts, it also contains significant changes to the federal government’s treatment of COVID era Employee Retention Tax Credit ...

Recommendations from tax practitioners may have reduced improper employee retention credit (ERC) payments, according to a watchdog report that recommends four ways for the IRS to close the chapter on ...

It appears that the flood gates have opened and that the IRS is finally processing and paying claims for the employee retention credit (ERC) en masse. After waiting a very long time (often years) with ...

LOS ANGELES, CA / ACCESSWIRE / March 31, 2023 / The Employee Retention Credit (ERC) tax refund program from the Internal Revenue Service (IRS) was designed for small to medium-sized business (SMB) ...