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Top News In Assess Employment Today - Breaking & Trending Today

Employee Retention Credit – Voluntary Disclosure Program - Employee Benefits & Compensation

On December 21, 2023, the IRS announced the Voluntary Disclosure Program, its latest step to protect the integrity of ERC and safeguard the funds allocated for economic relief during the pandemic. ....

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Navigating The IRS Employee Retention Credit Voluntary Disclosure Program - Tax Authorities

On December 21, 2023, the Internal Revenue Service ("IRS") announced (IR-2023-247) a voluntary disclosure program ("VDP") for employers that received questionable employee retention tax credits ("ERTC"). ....

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IRS Launches Employee Retention Credit Voluntary Disclosure Program – Is It Time to Hold or Fold? | Baker Donelson

As previously indicated, on December 21, 2023, the IRS launched the latest installment in a series of efforts to claw back pandemic-era tax credits erroneously received by ineligible. ....

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IRS Announces Voluntary Disclosure Program for Employee Retention Credit Claims: Good News for Businesses That May Have Claimed the Credit in Error | Saul Ewing LLP

As we previously have discussed, the IRS has for months been working to combat dubious Employee Retention Credit (ERC) claims, many of which were made at the urging of aggressive. ....

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IRS Launches Voluntary Disclosure Program Allowing Businesses to Avoid Penalties if They Pay Back a Portion of Incorrectly Claimed Employee Retention Tax Credits | Bond Schoeneck & King PLLC

On Dec. 21, 2023, the Internal Revenue Service (IRS) launched a new Voluntary Disclosure Program that allows businesses to pay back only a portion of funds in satisfaction of the full. ....

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