Previous News for category: ERC Fraud Defense
What To Do if Your Business is Being Investigated for ERC Fraud
The Employee Retention Credit (ERC) was introduced as part of the CARES Act to help businesses retain employees during the COVID-19 pandemic. While this credit has provided significant relief to many businesses, it has also led to increased scrutiny and investigations into potential fraud. Taking immediate and strategic steps to […]
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What To Expect During Your ERC Audit and Investigation
Navigating an ERC audit and investigation can be daunting. The Employee Retention Credit (ERC) was a vital support mechanism for businesses during the COVID-19 pandemic, but it has also led to increased scrutiny from the IRS. Understanding what to expect during an audit and investigation can help you prepare and […]
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IRS Intensifies ERC Enforcement
The Internal Revenue Service (IRS) recently announced it is entering the "next stage" of Employee Retention Credit (ERC) enforcement after uncovering a significant number of improper claims. In a June 20, 2024, news release, the IRS disclosed that the "vast majority" of ERC claims show signs of being improper, prompting […]
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What is an ERC Indictment?
Facing federal charges can be incredibly daunting, especially regarding complex terms like "ERC Indictment." At Candice Fields Law, PC, we are dedicated to helping you straightforwardly understand these legal concepts. We know how stressful this situation can be and are here to provide you with the clarity and guidance you […]
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What To Do After Receiving an ERC Letter from the IRS
Receiving an examination letter from the IRS regarding your Employee Retention Credit (ERC) claims can be unsettling. The IRS has increased its scrutiny of ERC claims from 2020 and 2021, focusing on both erroneous and potentially fraudulent filings. This uptick in enforcement follows concerns about "ERC mills" that may have […]
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Consequences of ERC Fraud
Recently, the focus on alleged Employee Retention Credit (ERC) fraud has increased, raising awareness among business owners about the potential consequences. At Candice Fields Law, PC, we can help individuals understand the legal implications of ERC fraud and provide guidance on how to navigate these complex issues. If you are […]
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