Still looking for your IRS Employee Retention Tax Credit (ERC) check? You’re not alone. Over 1.4 million people may be waiting for their ERC claims to be processed. But there is some good news ...
I am a tax controversy lawyer with prior IRS leadership experience. If the IRS denied your ERC refund claim ... letters that include an amount of the credit claimed for the period at issue ...
Still, here’s why some employers are going to court over ERC refunds. The ERC is a refundable tax credit created to incentivize businesses to keep their employees on payroll during COVID-related ...
The Internal Revenue Service (IRS) has announced plans to distribute automatic payments to certain taxpayers eligible for the ...
There are multiple reasons your refund could be delayed past the normal time. Whatever the reason, you can check the status of your ... claim the Earned Income Tax Credit (EITC) or the Additional ...
Matthew Roberts is a tax attorney who covers tax litigation and fraud. For better or worse, the employee retention credit (ERC) has been ... right to file a refund lawsuit against the government ...
Roughly 1 million Americans will receive a payment of up to $1,400 as the IRS works to distribute a total of $2.4 billion to eligible taxpayers. The IRS announced last week it plans to send out ...
has announced it is accelerating the processing of 400,000 claims that amount to $10 billion in potential tax refunds owed ...
Nonrefundable credits, however, can only be applied to money owed to the IRS. Once that tax bill is fully paid, leftover credit money won’t be applied to a refund. The difference is a crucial ...