Legal Counsel

October 25, 2023

IRS Announces Withdrawal Process for Erroneous ERC Claims

Last week the IRS announced a new option for taxpayers to withdraw pending Employee Retention Credit (ERC) claims. This option is limited to businesses with pending ERC filings with the IRS, or for any refund check that has not been cashed yet. While this new process will likely not apply to any of our clients… Continue reading IRS Announces Withdrawal Process for Erroneous ERC Claims

The Benefits of Developing a Long-Term Tax Credit Strategy with the Help of CPAs and Legal Attorneys

Tax credits offer a valuable opportunity for businesses to reduce their tax liabilities, but tapping into their full potential requires more than just a one-time effort. Developing a long-term tax credit strategy, with the guidance of Certified Public Accountants (CPAs) and legal attorneys, can bring sustained benefits. Let’s explore why this collaboration is so essential.… Continue reading The Benefits of Developing a Long-Term Tax Credit Strategy with the Help of CPAs and Legal Attorneys