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New Voluntary Disclosure Program Lets Employers who Received Questionable Employee Retention Credits Pay Them Back at Discounted Rate
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New Voluntary Disclosure Program Lets Employers who Received Questionable Employee Retention Credits Pay Them Back at Discounted Rate

Employee Retention Payroll Tax Credit, IRS, Self-Employed, Small Business, Tax Credits, Tax Relief, Tax Tips, Taxes

New Voluntary Disclosure Program Lets Employers who Received Questionable Employee Retention Credits Pay Them Back at Discounted Rate

This article was published by the IRS. As part of an ongoing initiative aimed at combating dubious Employee Retention Credit (ERC) claims, the Internal Revenue Service has launched a new Voluntary Disclosure Program to help businesses who want to pay back the money they received after filing ERC claims in error. The new disclosure program, which [...]