News Formal

What to know as IRS kicks off withdrawal option for pandemic-era small business tax credit

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 59%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

The IRS has announced a special withdrawal process for small businesses that wrongly claimed the employee retention tax credit. Here’s what to know.

The IRS has announced a special withdrawal process for small businesses that wrongly claimed a pandemic-era tax break.

"I'm actually shocked at some of the horror stories we've been seeing," said Hylton, who is a former IRS commissioner for the agency's small business and self-employed division.This procedure is banned in the US. Why is it a hot topic in fight over Ohio's abortion amendment? "It's a mulligan moment," said Dean Zerbe, national managing director at Alliantgroup. He said the withdrawal option is an opportunity to fix mistakes before the IRS catches them.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 319. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

What to know as IRS kicks off withdrawal option for pandemic-era small business tax creditThe IRS has announced a special withdrawal process for small businesses that wrongly claimed the employee retention tax credit. Here's what to know.
La source: CNBC - 🏆 12. / 72 Lire la suite »