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As we previously have discussed, the IRS has for months been working to combat dubious Employee Retention Credit (ERC) claims, many of which were made at the urging of aggressive...
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...
The Internal Revenue Service on December 21, 2023 launched a new Voluntary Disclosure Program that allows employers who received questionable Employee Retention...
As we discussed in our September 25 alert, Everybody’s Got Something to Hide Except Me and My Monkey: IRS Issues Moratorium on Processing New Employee Retention Credit Claims, the...
On Dec. 21, 2023, the Internal Revenue Service (IRS) announced a new voluntary disclosure program (VDP) for taxpayers who have received an employee retention credit (ERC) refund for which they might not have been eligible.