⚠️ IRS Targets New Red Flags for Employee Retention Credit Claims ⚠️
New IRS warnings spotlight mistakes like claiming wages twice (e.g., ERC and PPP) or citing minor disruptions like mask mandates as operational suspensions. With $86B in claims under review, businesses should ensure compliance or consider the ERC Voluntary Disclosure Program to avoid penalties.
#EmployeeRetentionCredit #IRSCompliance #TaxAlert #BusinessFinance #TaxCredit #TaxCompliance #ERC
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I'm Candy Messer, President of Affordable Bookkeeping and Payroll and Podcast Host of Biz Help For You. This channel will share helpful information for you to run a successful business including tips in the areas of bookkeeping, payroll, sales tax, business licenses, and other compliance PLUS information I share from experts in other fields.
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