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ERC CONTINUED – THE IRS CONTINUES TO WARN TAXPAYERS ABOUT THE ERC!

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Education & Training with Strong & Hanni

Salt Lake City, Utah - In my last Blog I provided an outline of what we are seeing when it comes to problematic ERC Claims.  I had planned to finish up the outline I had prepared this evening, but I then viewed a post on LinkedIn by the IRS and thought that I should pass it along instead. 

In its most recent LinkedIn Post the IRS informed all who care to listen that the “Employee Retention Credit encouraged employers to keep employees on the payroll despite COVID-related economic hardships.”  It then advised taxpayers “Beware of ERC offers beyond IRS guidelines, as they could come at a high price.”  See: https://www.irs.gov/newsroom/covid-19-related-employee-retention-credits-overview or go to the LinkedIn Post at: https://www.linkedin.com/posts/irs_irs-activity-7082372885696155648-I7p3/?utm_source=share&utm_medium=member_ios

The IRS then warned “Keep your business blooming.  Don’t risk everything with FAKE claims of the Employee Retention Credit.”  As I mentioned in my last Post and Blog, the biggest issues we are seeing is that taxpayers claimed the ERC for each quarter that the ERC was available.  We also see that most taxpayers were not eligible for Q3 of 2021.

Tax problems are legal problems, and we solve both.  If you or someone you know has an issue with paying their federal or state taxes and needs help to end their IRS nightmare, please contact Kent Brown at Strong & Hanni by either phone at (801) 532-7080 or email at: kbrown@strongandhanni.com or go to https://activerain.com/profile/kbrowndad for additional information, or my personal Strong & Hanni webpage at: https://strongandhanni.com/attorneys/attorney-kent-brown/

 

Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

What a disaster the ERC is turning out to be.  So many opportunities for graft and corruption

Jul 06, 2023 07:14 PM