February 16, 2024 08:51 PM
Ga. Man Hit With Charges Over Unemployment, Tax FraudExpert Analysis
Employers that filed potentially erroneous employee retention credit claims should take certain steps to determine whether the IRS’ voluntary disclosure program is a good fit and, if so, prepare a strong application before the window closes on March 22, say attorneys at Dentons.
The subjective nature of the pandemic-prompted employee retention credit, coupled with a lack of Internal Revenue Service guidance, have created fertile ground for opportunists, so businesses seeking this tax benefit should be mindful of tax advisers who would involve them in fraudulent ERC claims, say attorneys at Holland & Knight.
Congress should restore the home office deduction for W-2 workers in the interest of tax equity because permanently remote workers now bear the cost of creating quiet, dedicated work spaces, a pandemic-related shift unforeseen when the deduction was eliminated by 2017's Tax Cuts and Jobs Act, say James Mahon and Samantha Lesser at Becker.
February 5, 2024 05:50 PM
Ireland Aims To Drop Warehoused Debt Interest, Pay RefundsFebruary 1, 2024 04:44 PM
US Won't Ask Justices To Review States' Win In ARPA RowJanuary 23, 2024 05:16 PM
Professor In Conn. Asks NY Tribunal To Nix Teleworker TaxJanuary 16, 2024 05:15 PM
EU Parliament Amends Debt-Equity Tax ProposalJanuary 10, 2024 04:22 PM
Ore. Tax Court Bars Pain Center's Claim As UntimelyJanuary 2, 2024 06:46 PM
Conn. Professor Appeals Ruling Upholding NY Teleworker TaxDecember 12, 2023 05:22 PM
NJ Bills Would Extend Accommodations For Biz Tax CreditsDecember 4, 2023 03:40 PM
Ore. Tax Court Denies Exemption For Vacated BuildingDecember 1, 2023 02:19 PM
4th Circ. Won't Revive Mother's Stimulus Check SuitNovember 27, 2023 04:41 PM
Mich. To Keep Assessing Property Tax Based On Biz LocationNovember 27, 2023 02:11 PM
Mich. To Allow Retroactive Personal Property Tax ExemptionsNovember 9, 2023 01:39 PM
European Parliament Backs New Sources Of RevenueOctober 27, 2023 06:51 PM
Employers Might Not Rush To Withdraw Worker Credit ClaimsOctober 12, 2023 05:42 PM
Court Tosses Realty Co. Suit Over Canceled IRS ContractOctober 5, 2023 05:36 PM
NY Judge Says COVID-Related Tax Extensions Not RetroactiveSeptember 29, 2023 03:18 PM
Va. Tax Dept. Nixes Refund For Truck Dealer, Citing DeadlineSeptember 18, 2023 12:21 PM
Ore. City Creates Downtown Business Tax CreditSeptember 15, 2023 04:46 PM
Ohio Board Trims Closed Subway Shop's Property ValueSeptember 14, 2023 08:35 PM
11th Circ. Won't Revisit Lifting State Tax Cut Limit