The IRS issued Announcement 2024-3 on December 21, 2023 to roll out the Voluntary Disclosure Program. The program is a process to pay back the ERC credit for recipients who believe they received it in error.
Effective from January 1, 2024, new and existing business entities (with exceptions) must comply with
the CTA
The IRS has released notice that they will be suspending the processing of new claims for the Employee Retention Credit (ERC) for the remainder of 2023.
egislative changes are enacted each year that impact the collection and remittance of these taxes. Here is a summary of a few key highlights from the latest legislative session.
How did tax season go? Summer is an excellent time to enact a new tax planning strategy.
Buckle up – the standard mileage rates for deducting the costs of operating an automobile for business purposes have increased for 2023.