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October 2024

IRS Tax Levies Could Shut Down Your Business – Here’s How to Lift Them Quickly

Blog, IRS /

Imagine waking up one day to find your business bank account frozen. Bills are piling up, and you can’t cover your basic expenses. If your business is facing a tax levy from the IRS, you’re in dangerous territory—and the longer you wait, the worse it gets. Without quick action, your entire operation could come to […]

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IRS Launches Supplemental Claim Process for Employee Retention Credit

Blog, IRS, News /

On September 26, the IRS announced a new supplemental claim process designed to assist payroll companies, third-party payers, and their clients in rectifying incorrect claims for the Employee Retention Credit (ERC). This initiative comes on the heels of the IRS reopening its ERC voluntary disclosure program, which allows businesses that mistakenly claimed the tax credit

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