Employee Retention Credits (ERCs) Voluntary Disclosure Program - Tax Authorities
The Internal Revenue Service on December 21, 2023 launched a new Voluntary Disclosure Program that allows employers who received questionable Employee Retention...
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The Internal Revenue Service on December 21, 2023 launched a new Voluntary Disclosure Program that allows employers who received questionable Employee Retention...
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.
By: Matthew E. Foreman, Esq., LL.M. and Samuel J. Brady On December 21, 2023, the IRS announced a new Voluntary Disclosure Program (the “Program”), allowing employers (both businesses...
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On Dec. 21, 2023, the Internal Revenue Service (IRS) launched a new Voluntary Disclosure Program that allows businesses to pay back only a portion of funds in satisfaction of the full...