BBB Business Alert: IRS issues a moratorium on new Employee Retention Credit processing
Better Business Bureau and the Internal Revenue Service warn businesses about scams revolving around the Employee Retention Credit. The IRS is ordering a stop to new Employee Retention Credit (ERC) processing due to questionable claims, concerns from tax professionals, and aggressive marketing to ineligible applicants. The moratorium will last until the end of 2023 to protect small businesses from potential scams.
Find out all you need to know and how to avoid tax scams here.
Share This Story, Choose Your Platform!
Other CuyEast News
If you enjoyed reading this, then please explore our other articles below:
Getting Started with Strategic Partnerships
Leveraging strategic partnerships to grow a business can be extremely beneficial for organizations looking to build strong connections and [...]
Join the Fight Against Hunger: Volunteer Business Leads Needed for Monthly Food Bank Networking Program
The Cuyahoga East Chamber of Commerce invites your company to participate in our monthly networking event at the Greater [...]
Regional Resource Series: The Employment Collaborative, the Untapped Workforce
[VIDEO PODCAST] Did you know there is an overlooked pool of available dedicated and dependable workers in Cuyahoga [...]
WF Hann & Sons, Providing Top-notch Services for Over 115 Years
W.F. Hann PresidentKaren Johnsons W.F Hann & Sons has provided heating, cooling, and plumbing throughout Northeast Ohio [...]