WASHINGTON, DC - APRIL 19: Internal Revenue Service Commissioner Daniel Werfel prepares to testify before the Senate Finance Committee about the Biden Administration's proposed budget request for ...
The employee retention credit (ERC) has been a thorn in the IRS’ side for some time. Enacted during the COVID-19 pandemic, Congress originally designed the ERC as a means to funnel much needed money ...
On Aug. 15, 2024, the IRS announced the much-anticipated reopening of a second Voluntary Disclosure Program (the “Second ERC-VDP”) to help businesses address incorrect Employee Retention Credit (“ERC” ...
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