IRS Releases 2024 tax inflation adjustments

IRS Releases 2024 tax inflation adjustments

IRS releases inflation adjustments for 2024. Inflation adjustments impact individual tax brackets and other various provisions of the Code.
IRS releases 2024 retirement plan limitations

IRS releases 2024 retirement plan limitations

Cost-of-living adjustments to retirement plan limits for 2024 have been issued by the IRS in Notice 2023-75.
IRS announces ERC Withdrawal Program

IRS announces ERC Withdrawal Program

IRS announces simplified method for employers who have not yet received ERC refunds to withdraw claims that they now believe are ineligible.
What to do if you filed an employee retention credit claim with the IRS

What to do if you filed an employee retention credit claim with the IRS

ERC submissions are under scrutiny by the IRS due to a surge in questionable claims. Are you confident your claim meets the eligibility requirements and can stand up to a potential audit?
IRS halts employee retention credit processing

IRS halts employee retention credit processing

The IRS has temporarily halted processing of employee retention credit claims and will provide additional guidance for businesses.