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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

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.If you've neither received an employee retention credit refund nor cashed your ERC refund check, there's still time to withdraw your filing, according to the agency.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes