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Employee Retention Internal Revenue Service Third-Party

Fox Rothschild LLP

IRS Identifies Seven ERC Red Flags (and Other ERC Updates)

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The IRS recently issued a news release identifying seven signs that a business’s Employee Retention Tax Credit (the ERC) may be incorrect. The IRS identified these warning signs based on feedback from tax professionals and...more

Foodman CPAs & Advisors

Dirty Dozen 2023

On April 5, 2023, the IRS wrapped up its Dirty Dozen 2023 list – earlier than the release of the Dirty Dozen 2022 list which was published on June 10, 2022. According to the IRS, the Dirty Dozen represents the worst of the...more

Rivkin Radler LLP

IRS Wraps Up Its 2023 Dirty Dozen List

Rivkin Radler LLP on

Every year, the IRS compiles a list of common scams that taxpayers may encounter – its so-called “Dirty Dozen.” Today, the Service wrapped up the annual Dirty Dozen list of tax scams for 2023 with a reminder for taxpayers,...more

Fox Rothschild LLP

IRS Renews Warning on Employee Retention Credit Fraud, DOJ Files First Criminal Charges

Fox Rothschild LLP on

Employers should be careful before claiming the Employee Retention Credit (ERC). Over the past several months, the Internal Revenue Service (IRS) has warned taxpayers twice about third parties who advise employers to claim...more

Holland & Knight LLP

Beware Employee Retention Credits That Are "Too Good to Be True"

Holland & Knight LLP on

Employers throughout the U.S. have been receiving advertisements and direct solicitations from third parties offering attractive tax savings in the form of Employee Retention Credits (ERC). Oftentimes, these third parties...more

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