Flash – IRS Provides Employers Way to Withdraw Dubious ERC Claims
Article Highlights: Prior ERC Scam Warnings What is the ERC? IRS Shifting Focus Latest Guidance for Withdrawing a Claim Who Can Withdraw a Claim Under the New Procedure Procedure for Withdrawing a Claim Despite warnings from the IRS, the American Institute of CPAs, and other professional tax preparer societies, many business owners have fallen victim […]
Accountable Plans: A Win-Win for Employers and Employees
Article Highlights: Accountable Plan Overcoming Tax Cuts and Jobs Act Limits Benefits From an Employers Point of View Benefits From an Employees Point of View IRS Criteria Basic Plan Wording Plan Customization As an employer or an employee one intricacy of tax laws and regulations that often goes unnoticed is the concept of Accountable Plans. […]