The legislation included provisions that formally brought the ERC program to a close and adjusted the rules governing claims that were still being processed.
Tax1099, a leading IRS-authorized e-filing platform, reminds businesses to prepare and file Form 941 before the due date to ensure compliance and avoid costly IRS penalties. FAYETTEVILLE, AR AND ...
Businesses and tax professionals can meet the April 30, 2025 Form 941 deadline easily with TaxBandits' simplified filing, Ready Return, and exclusive savings. ROCK HILL, SC / ACCESS Newswire / April ...
If you have employees, you must file Form 941 to report any federal withholdings. This form determines your payroll tax liability for the quarter. Let's look at what information is required on Form ...
The ERC-404 is an experimental token standard that combines the elements of the ERC-20 and ERC-721 token standards to generate a token with the properties of both fungible and nonfungible tokens. In ...
Employers and their advisors should carefully consider recent IRS initiatives concerning the Employee Retention Credit (ERC). Although the initiatives are primarily procedural, an employer’s decision ...
The IRS has identified about $1 billion in potential savings from erroneous employee retention credit (ERC) claims, with over half of that money coming from enforcement efforts and the rest from the ...
LONDON - JULY 23: Workers at one of the 19 national pandemic flu service call centres in the country, answer calls from people concerned about swine flu, July 23, 2009 in London, England. Over 1500 ...
The employee retention credit (ERC) is a tax relief measure introduced by the US government to support businesses throughout the ongoing COVID-19 pandemic. By providing a refundable payroll tax credit ...
While the ERC can be quite helpful for businesses, waiting a year or more to get the refunds isn’t reasonable… While the ERC can be quite helpful for businesses, waiting a year or more to get the ...
4. Claiming your ERC credit To claim your ERC credit, report the total credits on your quarterly employment tax return using Form 941 or a similar revised form. You can also request an advance payment ...