Tax Credits
Get valuable insights on how to secure tax-saving opportunities for job creation, retention, research and other qualified expenses.
Find out how to optimize and streamline the WOTC screening process so your business can use WOTC to better offset hiring...
The IRS has reiterated warnings against improperly claiming the ERC, while the bureau also investigates fraud schemes including stolen ERC...
On March 23, 2023, fifteen Republican members of the House Ways and Means Committee sent a letter to the new IRS Commissioner, Daniel Werfel,...
First on the IRS's "Dirty Dozen" list are aggressive ERC providers making offers too good to be true. Here are four questions to vet...
Find out how to use IRS Form 941-X to maintain compliance with Form 941 or correctly file for certain tax...
Learn which employees are eligible for ERC and how large healthcare employers can claim it. Don't miss out because you believe you're too big...
President Biden's 2024 budget proposing giving the IRS more time to audit ERC claims, possibly reducing ERC payments by $2 million in fiscal year......
President Biden and the IRS are targeting COVID-relief and ERC fraud. A new IRS warning specifically calls out bad actors pushing ineligible people to......
Daniel Werfel, nominated to be the new IRS Commissioner, responded to these questions from Senators regarding delays to ERC...
The IRS has increased estimates for new Forms 941-X, but even this might be outstripped by the actual number of new ERC claims they...
California Governor Gavin Newsom included modifications to the New Employment Credit (NEC) in his latest budget. Learn what these changes...
An Inflation Reduction Act tax credit transfer or direct pay election may be the solution for taxpayers looking to claim new clean energy...
The IRS is warning employers against ERC fraud. The following examples of fraudulent practices have resulted in fines and/or...
When committing to a hybrid workforce with remote workers, employers should consider the local tax incentives they may forfeit, and new ones to...
Hiring tax credits can have a significant impact on a company’s tax liability. For example, by using the Work Opportunity Tax Credit (WOTC), companies...
In September, we wrote about a Treasury Inspector General for Tax Administration (TIGTA) report highlighting processing delays at the IRS directly affecting ERC claims....
Hiring peaks can inundate HR departments with additional administrative burdens, making it a struggle to keep up when there’s a surge of new applicants...
Overcome common WOTC screening challenges to optimize management and increase savings while helping disadvantaged individuals find...