IRS Offering a Withdrawal Process for Ineligible ERC Claims
The IRS has created a withdrawal option to help small business owners and others who were pressured or misled by ERC marketers or promoters into filing ineligible claims.
Employee
IRS Provides Employers Way to Withdraw Dubious ERC Claims
As part of a larger effort to protect small businesses and organizations from scams, the IRS has announced the details of a special withdrawal process to help those who filed an ERC claim and are concerned about its accuracy.
Accountable Plans: A Win-Win for Employers and Employees
An accountable plan provides a way around the TCJA deduction restrictions. It is a reimbursement or allowance arrangement that meets criteria set by the IRS.
Tackle Your Student Loans with Employers’ Educational Assistance Program
If your employer has educational assistance programs, they can use them to help pay student loan obligations for their employees.
Those ERC TV Ads Too Good to Be True?
Seems like the TV commercials promoting filing for the Employee Retention Credit (ERC) haven’t gone away
Partners May Not Be Employees
If your partnership has been treating you as an employee of a disregarded entity owned by the partnership so you can participate in employee benefit plans and receive other employee benefits, read this article.
Employee or Independent Contractor – A Primer for Employers and Employees
Misclassifying workers as employees or independent contractors has tax implications for both employers and workers, and is a perennial issue with the IRS and state tax agencies.
New Employee Onboarding Best Practices: Factors to Consider for Success
Replacing an employee who has left your business can cost between 50% to 60% of that person’s salary. So don’t lose them because of sloppy onboarding.
Seasonal Summer Employees Can Provide Tax Benefits
Summer is upon us, which signals the need for seasonal employees to fill in for workers who are on vacation during the busy months ahead and even for some gearing up for the upcoming hectic holiday season.
Watch Out for Employee Retention Credit Scams
Be careful not to fall for Employee Retention Credit scams. Watch this video to learn more.