With a rumored solution for 174 amortizations, the R&D tax credit could put cash back into businesses’ pockets before the next deadline. ERC is coming to an end, but the new tax bill may cut off claims earlier than expected. What does this mean for eligible businesses?
Hear from former Sr. Counsel to the U.S. Senate Finance Committee Dean Zerbe as he breaks down the latest from Capitol Hill.
The Internal Revenue Service (“IRS”) announced on December 21, 2023 its Voluntary Disclosure Program (“VDP”) for the Employee Retention Credit (“ERC”)
Congress is taking its time on reversing delayed tax deductions for innovation.
The Internal Revenue Service announced in March that its compliance efforts related to the Employee Retention Credit had exceeded $1 billion, with the agency specifying that “more than 12,000 entities filed over 22,000 claims that were improper and resulted in $572 million in assessments.”