Businesses may still qualify for ERC despite IRS delay
The IRS recently delayed processing new claims on a COVID-era payroll tax credit because of fraud. Still, businesses might qualify for the credit depending on how the pandemic affected them.
alliantgroup Welcomes Former IRS Commissioner of Small Business, Darren Guillot, as National Director
HOUSTON, TX – (October 3, 2023) – alliantgroup, America’s premier consulting and management engineering firm, is thrilled to add another former IRS Division Commissioner, Darren Guillot, as a resource to…
The Employee Retention Credit: The Best Tax Break For Small Businesses And Charities
Unfortunately, the actual number of SMBs and charities taking advantage fell far below that due to
misinformed business owners lacking a full understanding of the credit and its qualifications.
IRS Moratorium on ERC – All You Need to Know
Contrary to headlines making rounds in the past weeks – ERC has NOT been eliminated. The IRS moratorium is for ‘processing new claims’ for this quarter, i.e., until 31st December 2023.
Claiming Tax Incentives – S Corp vs. C Corp vs. LLC: A Comprehensive Guide
Tax incentives are an essential part of business operations in the United States. They provide a powerful source of financial support for businesses
‘Tsunami’ of ERC claims required IRS action to halt fraud, experts say
This is the type of language used on websites and in TV ads to get small businesses to apply for the employee retention credit (ERC), a pandemic-era program that applied in 2020 and 2021.
IRS to Stop Processing Employee Retention Credits Until 2024
The IRS is clamping down on fraud in a pandemic-era tax program benefitting small businesses.
alliantgroup Vice Chairman and Former IRS Commissioner, Mark Everson Statement on Today’s IRS Announcement on ERC
alliantgroup Vice Chairman and Former IRS Commissioner, Mark Everson Statement on Today’s IRS Announcement on ERC: At alliantgroup we have helped thousands of taxpayers claim this important benefit.
IRS Temporarily Stops Employee Retention Credit Processing
A rash of bogus ERC claims in recent months has prompted the IRS to put the program on hold through at least the end of 2023.
IRS halts new ERC processing after flood of bogus claims
The Internal Revenue Service said Thursday it’s putting an immediate stop to processing of new claims for the Employee Retention Credit after receiving a surge of questionable claims. The immediate moratorium will be in effect until the end of the year.