The IRS has unveiled a "voluntary disclosure program" for businesses that claimed a pandemic-era tax credit in error and want to pay the money back. Worth thousands ...
Opinion: The IRS has a rare opportunity to turn voluntary disclosure program into a fair and functional path back into the ...
Businesses that want to repay money received from questionable employee retention credit (ERC) claims can do so through a new voluntary disclosure program announced Thursday by the IRS (Announcement ...
The IRS’ second employee retention credit (ERC) voluntary disclosure program for businesses who want to pay back the money they received after filing ERC claims in ...
Citing the Employee Retention Credit—or ERC—as a “major concern,” the IRS has announced a voluntary disclosure program for businesses who want to pay back the ...
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The Internal Revenue Service announced Thursday it plans to mail up to 30,000 letters to reverse potentially more than $1 billion in incorrect Employee Retention Credit claims. It is sending the ...
April 29, 2024 - On April 15, 2024, the Department of Justice released its "Criminal Division's Pilot Program on Voluntary Self-Disclosures for Individuals." Similar in many ways to programs ...