PSA: Key Deadline Fast Approaching in Employee Retention Credit Voluntary Disclosure Program If you claimed the employee retention credit (ERC) and maybe you should not have then you may want to consider taking advantage of the IRS'...
Tax Fraud
Insights and Advice from Your Trusted Tax Resolution CompanyPSA – Quick Snapshot of the IRS Employee Retention Credit Voluntary Disclosure Program
PSA: A Quick Snapshot of the IRS Employee Retention Credit Voluntary Disclosure Program Late December the IRS rolled out a new voluntary disclosure program for taxpayers who improperly claimed the employee retention credit (“ERC”). I am...
PSA – IRS Issuing Disallowance Letters for 20,000 Employee Retention Credit Claims
Public Service Announcement - IRS Issues 20,000 Disallowance Letters on Employee Retention Credit Claims Hot off the press! The IRS has announced that it is going to send out 20,000 disallowance letters. The IRS is letting certain...
Three Warning Signs Your Employee Retention Claim Could be Audited by the IRS
3 Warning Signs Your Employee Retention Credit (ERC) May Be Audited In my last post, I talked about the IRS' moratorium on ERC claims and how to withdraw a claim. In this post, I am going to discuss the big three warning signs that your...
PSA – IRS Moratorium on Employee Retention Credit Claims
Public Service Announcement - IRS Moratorium on Employee Retention Credit Claims ("ERC") and What it Means for You Unless you've been living under a rock, most people have heard about the COVID era credit for employers who kept their...
How to Know if You Have Been Contacted by a Scammer
How to Know if You Have Been Contacted by a Scammer Scammers are everywhere you look. Charity scams. COVID loan scams. Student or mortgage loan relief scams. And, of course, tax scams. You would be a very rare bird indeed – or Rip Van...
Confidential informants and whistleblowing: Making Money by helping the IRS!
Confidential informants and whistleblowing: Making Money by helping the IRS! What is the IRS Whistleblower Program? Believe it or not, the IRS has a program set up to reward taxpayers who to inform the IRS about other taxpayer’s...
Podcast: IRS Update on Wealthy Nonfilers and Unemployment Fraud
IRS Update: The Trouble with High Income Nonfilers and Dealing with Unemployment Fraud https://taxresolutiontalk.podbean.com/mf/play/gf3yen/Tax_Resolution_Talk_Episode_9_COMPLETE_6za4t.mp3 On June 16th, I was interviewed by Jerrod...
What to Know about Identity Theft and Your Tax Return
Identity theft and tax refunds are big business for fraudsters. To give you an idea of the scope of this problem, in 2015, from January through November, the IRS rejected or suspended the processing of 4.8 million suspicious returns -...