ERC Compliance

February 7, 2024

TAX UPDATE: TAX RELIEF FOR AMERICAN FAMILIES AND WORKERS ACT OF 2024

I. Introduction On January 31, 2024, the House passed the Tax Relief for American Families and Workers Act of 2024 (the “Act”); the Act is now off to the Senate and will hopefully receive a vote before their recess begins on February 12th. The Act covers a variety of tax topics, including the child tax… Continue reading TAX UPDATE: TAX RELIEF FOR AMERICAN FAMILIES AND WORKERS ACT OF 2024

Ensuring Compliance in ERC Claims: The Critical Need for Substantiation

In the realm of Employee Retention Credit (ERC) claims, compliance is not just a legal obligation; it’s a cornerstone of ethical business practice. With the rise in ERC filings, there’s a growing need for businesses to understand the importance of substantiating their claims, especially when suspicions of fraud arise. Understanding ERC Compliance The ERC, designed… Continue reading Ensuring Compliance in ERC Claims: The Critical Need for Substantiation