The ERC application is in itself time-consuming so businesses that have not claimed the ERC need to start applying so that when the IRS starts processing new applications the businesses that have ...

The IRS is moving forward with issuing tens of thousands of denial/disallowance letters to applicants of the Employee Retention Credit (ERC). The letters come in two flavors – the “105-C letter” which ...

The employee retention credit (ERC) has been a thorn in the IRS’ side for some time. Enacted during the COVID-19 pandemic, Congress originally designed the ERC as a means to funnel much needed money ...

The IRS added five FAQs about the employee retention credit (ERC) on March 20, mainly discussing how to handle the pandemic-era credit on tax returns under various scenarios. The FAQs are not ...

WASHINGTON, DC - OCTOBER 07: Erin M. Collins, National Taxpayer Advocate, Taxpayer Advocate Service testify's at the House Committee on Oversight and Reform on October 07, 2020 in Washington, DC.

Existing tax companies and new ERC companies decided to take on the laws guiding ERC tax credit application, mastering all the laws and how they apply to individual businesses. Most ERC companies have ...