Cryptocurrency Q&A
What is the IRS warning about ERC?
What is the IRS warning about ERC?
Giovanni
Sat Nov 09 2024
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6 answers
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The IRS is warning businesses about Employee Retention Credit (ERC) scams, fraudulent activities related to a tax credit program designed to help employers keep their workforce during the pandemic. The agency has taken measures to combat fraud and abuse in this tax credit, including allowing employers to withdraw their claims without penalties.
6 answers
Sofia
Mon Nov 11 2024
The IRS is urging taxpayers to carefully examine their ERC claims.
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HallyuHeroLegendaryStarShine
Mon Nov 11 2024
The Employee Retention Credit (ERC) is not accessible to individuals.
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BusanBeautyBloomingStar
Mon Nov 11 2024
The Internal Revenue Service (IRS) has expressed concern over a significant number of improper claims for the ERC.
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DigitalDynasty
Mon Nov 11 2024
The agency is conducting a thorough review of tax returns that have claimed the credit.
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MysticInfinity
Sun Nov 10 2024
In the event of any inaccuracies, the IRS is encouraging taxpayers to resolve them promptly.
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