Page 14 - Disclosure Program News Today

On January 10, 2024, US Attorney Damian Williams announced a new Whistleblower Pilot Program for the US Attorney's Office of the Southern District of New York (SDNY).

IRS has renewed focus on ERC refund claims that do not qualify and may be fraudulent. IRS Criminal Agents will begin seminars for tax professionals how to spot problems.

On January 10, 2024, US Attorney Damian Williams announced a new Whistleblower Pilot Program for the US Attorney’s Office of the Southern District of New York (SDNY). The program is...

For some time, the IRS has targeted fraudulent employee retention credit (“ERC”) claims. More recently, on December 21, 2023, the IRS issued guidance on a new voluntary disclosure...

If enacted, the proposed legislation would terminate the Employee Retention Credit ("ERC") effective January 31, 2024.

The Employee Retention Credit is a legitimate pandemic-era credit designed to encourage businesses affected by the pandemic to avoid laying off…

Did you claim the Employee Retention Credit (ERC) that has been in the news so much? The IRS has cracked down hard, and now even has a way for employers to step forward and pay back amounts...

On December 21, 2023, the Internal Revenue Service ("IRS") announced (IR-2023-247) a voluntary disclosure program ("VDP") for employers that received questionable employee retention tax credits ("ERTC").

A detailed breakdown of the ERC voluntary disclosure program, its benefits, the potential risks involved, and how you can navigate the process seamlessly.

The Employee Retention Tax Credit (“ERTC”), under the CARES Act, is a refundable tax credit filed against a company’s payroll taxes. The ERTC was enacted to incentivize employers to...