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Jul. 25, 2023
Claiming ERC refunds: Navigating the risks and rewards
- Posted By: Scott Shimick
- Category: Featured Business, Corporate and Commercial
Over the past year, television and radio commercials have touted the benefits of making a refund claim for Employee Retention Credits (ERC). While many business owners have received significant refunds and more business owners are contemplating making claims, the IRS has cautioned taxpayers to be wary of ERC promoters. Because the IRS sees this as an issue with significant risk of abuse and fraud, experts believe that ERC claims will be a focus of IRS audits in the near future.Summary of [...]
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