Search results for: erc too good to be true
ERC – Too Good to be True?
The Employee Retention Credit is a legitimate program, but failure to apply the actual rules of the credit to applicants and their specific situation will result in inflated credit amounts which will, in all likelihood, need to be repaid.
Read MoreUpdate on the Employee Retention Credit (ERC)
Key observations and the IRS Voluntary Disclosure Program to return incorrect payments By Pete Kennedy, CPA, Director Background Feb 23, 2024 — The Employee Retention Credit (ERC) – sometimes called…
Read MoreHow to Turn a Summer Job into a Tax-Free Retirement Nest Egg and More
‘Tis the season for summer jobs for high school and college kids. These seasonal jobs are more than just an opportunity for teens and college students to earn some money…
Read MoreIRS Dirty Dozen Tax Scams for 2017
Compiled annually by the IRS, the “Dirty Dozen” is a list of common scams taxpayers may encounter in the coming months. While many of these scams peak during the tax…
Read MoreCredit Cards and the Immutable Laws of Nature
“GetInvolved Nonprofit Guide” Article for January 2014 from Cover & Rossiter, P.A. By Pete Kennedy, CPA, CVA – Director at Cover & Rossiter, P.A. I recently completed an audit at a client’s…
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