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Tax Tip 2024-14, March 8, 2024 — The March 22 deadline to apply to the Employee Retention Credit – Voluntary Disclosure Program is fast approaching.

This form is used by employers to apply for the Employee Retention Credit (ERC) Voluntary Disclosure Program. This program is for those employers who claimed and received the Employee Retention Credit (ERC), but who are ineligible and need to repay it.

Tax Tip 2024-09, Feb. 20, 2024 — The IRS urges businesses to review their eligibility for the Employee Retention Credit because there’s limited time for them to voluntarily resolve incorrect claims and avoid future issues, such as penalties and interest.

Frequently asked questions about the second Employee Retention Credit Voluntary Disclosure Program. The second Employee Retention Credit Voluntary Disclosure Program (ERC-VDP) lets employers pay back ineligible Employee Retention Credits at a discounted rate.

IR-2022-183, October 19, 2022 — The Internal Revenue Service today warned employers to be wary of third parties who are advising them to claim the Employee Retention Credit (ERC) when they may not qualify. Some third parties are taking improper positions related to taxpayer eligibility for and computation of the credit.

Qualified tax-exempt organizations use this form to claim the employee retention credit for employers affected by qualified disasters.

Dec. 17, 2024 — United States Attorney Ronald C. Gathe Jr. announced that a Bill of Information has been filed charging Damian R. Raby of Gonzales, Louisiana, with conspiracy to launder money and obstructing the administration of the internal revenue laws, relating to a multimillion-dollar scheme to defraud a COVID-19 economic relief program.

Jan. 26, 2024 — IRS Criminal Investigation (CI) special agents will host a series of educational sessions geared specifically to tax professionals about employee retention credits (ERC) at its field offices across the country. The sessions will take place in February and are part of a nationwide initiative to ensure that tax professionals have the latest information about ERC claims and understand ERC eligibility criteria.

IR-2024-30, Jan. 31, 2024 — As part of an ongoing process to educate and inform people about the Employee Retention Credit (ERC), the Internal Revenue Service will host a free ERC Voluntary Disclosure Program webinar on Thursday, Feb. 8 at 2 p.m. EST.

IR-2023-40, March 7, 2023 — The Internal Revenue Service today issued a renewed warning urging people to carefully review the Employee Retention Credit (ERC) guidelines before trying to claim the credit as promoters continue pushing ineligible people to file.