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:
The Challenges and Opportunities of Global Business Growth
In an era of unprecedented connectivity and increasing globalization, businesses worldwide are presented with both remarkable opportunities and formidable [...]
Welcome Ilasha Jackson to the Maple Heights Business Leadership Council!
Ilasha Jackson, Branch Manager, Dollar Bank Maple Heights Branch We welcome Ilasha Jackson as the second volunteer for the [...]
Shield Yourself: Using LLCs and Subsidiaries to Protect Owners & Partners
In Ohio, corporate officers, directors and shareholders are not always immune to personal liability for their corporations’ wrongful acts. [...]
Is Owning a Business a Blessing or a Curse? – U & I Professional Notary Services
SMALL BUSINESS SERIES: VIDEO PODCAST In this compelling video, Tiawana Johnson, owner of U & I Professional Notary [...]