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This little-known pandemic-era tax credit has become a magnet for fraud - Vimarsana News

This little-known pandemic-era tax credit has become a magnet for fraud

On Thursday, the IRS issued a warning to businesses to be on the lookout for “scams” related to the tax credit, saying it was fueling a flood of “invalid” applications.

How the Employee Retention Tax Credit Became a Magnet for Fraud - Vimarsana News

How the Employee Retention Tax Credit Became a Magnet for Fraud

The Employee Retention Credit has spawned a cottage industry of firms claiming to help businesses access stimulus funds, often in violation of federal rules.

This Little-Known Pandemic-Era Tax Credit Has Become a Magnet for Fraud - Vimarsana News

This Little-Known Pandemic-Era Tax Credit Has Become a Magnet for Fraud

The Employee Retention Credit has spawned a cottage industry of firms claiming to help businesses get stimulus funds, often in violation of federal rules. In…

Source: biztoc.com
Provo accounting firm charged in $11M COVID-19 tax fraud scheme - Vimarsana News

Provo accounting firm charged in $11M COVID-19 tax fraud scheme

A federal grand jury returned an indictment charging two Utah County men and an accounting firm with claiming an excess of $11 million in tax credits through a COVID-related fraud scheme.

Source: ksl.com
Why has a Provo accounting firm been charged? - Vimarsana News

Why has a Provo accounting firm been charged?

A federal grand jury returned an indictment on Feb. 1 charging two Utah County men and an accounting firm with claiming an excess of $11 million in tax credits through a COVID-related fraud scheme.