What comes next in the IRS’s ERC withdrawal process?
The Internal Revenue Service is providing a way for businesses to withdraw incorrect claims for the Employee Retention Credit if they haven’t been paid yet,
Congressional Backlog Ramifications For The New Farm Bill
The House of Representatives was without a Speaker for 21 days, and so there is now a significant backlog of legislative business left to be addressed.
Top Tax Myths Surrounding Non-profit Organizations
Non-profits are an integral part of our society, but they often face a lot of misinformation when it comes to tax obligations.
CRN New Member Spotlight
alliantgroup has been helping CRN’s members claim various credits the right way! Members have qualified for and received significant refunds through a number of programs.
What to know as IRS kicks off withdrawal option for pandemic-era small business tax credit
The IRS has announced a special withdrawal process for small businesses that wrongly claimed a pandemic-era tax break — and experts have tips for those who may be affected.
5 Warning Signs to Spot a Fake ERC Provider
The Employee Retention Credit is the most powerful credit available to businesses nationwide. But with scams and unreliable providers on the rise, there are growing concerns, which has led to the IRS moratorium on ERC to protect honest taxpayers.
IRS Earns Praise for ERC Claim Withdrawal Initiative
An IRS initiative that will allow businesses to withdraw questionable employee retention credit claims is being hailed as a positive development that could help taxpayers and the IRS alike.
ERC — IRS Withdrawal Process — What Should Business Owners Do?
The IRS today announced a withdrawal process for business owners/tax-exempt managers from their Employee Retention Credit (ERC) claims. The IRS has been taking a hard eye at ERC filings given
IRS offers process for withdrawing bogus ERC claims
The Internal Revenue Service is giving employers a way to rescind inaccurate claims for the Employee Retention Credit if they’ve fallen victim to a scam at the hands of so-called “ERC mills” that aggressively promote the credit to businesses.
IRS uses IRA funds to bridge tax gap
The Internal Revenue Service is trying to leverage the extra billions in funding from last year’s Inflation Reduction Act to narrow the ever-increasing gap between taxes due and taxes collected, but has spent surprisingly little of the money so far.