Video Tips: A Second Chance at the Voluntary Disclosure Program for ERC Claims

October 7, 2024

A few months back we cautioned employers to be wary of third parties advising them to claim the employee retention credit when they may not qualify. Now the IRS has begun denying the credits and penalizing employers that were not qualified for the credit. However, the IRS has offered an olive branch to employers that voluntarily withdraw their claims.

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