Recent developments regarding employee retention credit
August 30, 2023
[SPONSORED POST] To be eligible for the ERC, an employer must have carried on a trade or business during the applicable periods in 2020 and 2021 and must generally meet certain criteria. #NewsismyBusiness
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IRS launches paperless processing initiative for correspondence in 2024
August 3, 2023
The agency plans to achieve paperless processing for all tax returns by the 2025 filing season. #NewsismyBusiness
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IRS extends individual, business tax filing deadlines to February ’23
September 21, 2022
The tax relief is part of a coordinated federal response to the damage caused by Hurricane Fiona and is based on local damage assessments by FEMA, the IRS stated.
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