Previous News from author: May 2024
Navigating the ERC Program Under IRS Scrutiny
In the wake of unprecedented economic upheaval spurred by the pandemic, businesses sought refuge in government aid programs like the Employee Retention Credit (ERC). However, what began as a beacon of hope soon became a labyrinth of compliance challenges, with the IRS ramping up efforts to scrutinize claims. At Candice […]
[ Read More ]About The U.S. Crackdown on Ineligible Industries for PPP Loans
In the aftermath of the COVID-19 pandemic, the U.S. government implemented several financial aid programs, such as the Paycheck Protection Program (PPP), to support struggling businesses. However, not all industries qualify for such aid, and the federal government has intensified its efforts to prevent and penalize fraud among ineligible industries. […]
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