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Employee Retention Tax Credit (ERTC)

IRS and Labor Department Extend Worker Classification Program

February 22, 2023

The IRS and Labor Department have renewed a 2011 Memorandum of Understanding to cooperate on enforcement of worker classification rules, with cross-referrals, investigations and imposition of penalties on noncompliant businesses. The new Memorandum is significant because it signals that the... Read More

Employee Retention Credit for Employers Avalible

January 17, 2022

Employers that took steps to get the employee retention credit for the 4th quarter of 2021 got a rude awakening when Congress retroactively took it away. Read More

build back better

House-Passed Tax Rate Changes But Still Includes New Taxes

December 16, 2021

The House passed the $1.75 trillion Build Back Better Act on November 19, 2021, and the legislation is now under Senate consideration. Known as H.R. 5376, the legislation is the second prong of President Biden’s social and economic policy program.... Read More

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