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This little-known pandemic-era tax credit has become a magnet for fraud

On Thursday, the IRS issued a warning to businesses to be on the lookout for “scams” related to the tax credit, saying it was fueling a flood of “invalid” applications.

How the Employee Retention Tax Credit Became a Magnet for Fraud

This Little-Known Pandemic-Era Tax Credit Has Become a Magnet for Fraud

The Employee Retention Credit has spawned a cottage industry of firms claiming to help businesses get stimulus funds, often in violation of federal rules. In…

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