With three years’ worth of legislative changes impacting the Employee Retention Credit (ERC) program, a host of complex eligibility rules and predatory third-party promoters, it’s no surprise that enforcement is on the rise against those who sought the refundable tax credit.
In this insightful discussion, Matt Adams, Co-Chair of Fox Rothschild’s White-Collar Criminal Defense & Regulatory Compliance Practice Group, is joined by Matthew Walsh, C.P.A. and a Market Leader in Withum’s COVID-19 Financial See more +
With three years’ worth of legislative changes impacting the Employee Retention Credit (ERC) program, a host of complex eligibility rules and predatory third-party promoters, it’s no surprise that enforcement is on the rise against those who sought the refundable tax credit.
In this insightful discussion, Matt Adams, Co-Chair of Fox Rothschild’s White-Collar Criminal Defense & Regulatory Compliance Practice Group, is joined by Matthew Walsh, C.P.A. and a Market Leader in Withum’s COVID-19 Financial Assistance Services Practice, and Jessica Hollobaugh, a Partner and Market Leader in the Forensics Investigations and White-Collar Criminal Defense Practice at Withum.
Matthew and Jessica discuss the ERC program qualifications, how it intersects with other CARES Act programs and the margins for error. The trio also provides valuable suggestions on how businesses that filed for program tax credits can double-check their work and present a solid good-faith defense if the need arises.
Tune in and stay ahead of a potential audit.
See less -