ERC submissions are under scrutiny by the IRS due to a surge in questionable claims. Are you confident your claim meets the eligibility requirements and can stand up to a potential audit?
The IRS has temporarily halted processing of employee retention credit claims and will provide additional guidance for businesses.
The IRS released Notice 2023-43 to provide interim guidance on plan correction changes under SECURE 2.0 until Rev. Proc. 2021-30 (EPCRS) is updated.
Employers that understand SECURE 2.0’s new requirements and the pros and cons of adopting optional provisions can implement the act effectively.
SECURE 2.0 permits employers to make matching contributions to a retirement plan for employees burdened by student loan debt.
Inflation in the United States accelerated modestly in February, increasing by 0.4% on the month and by 6% on a year-ago basis.
The $25 billion Bank Term Funding Program was necessary to prevent a much larger crisis that would spread through the financial channel to the real economy and almost certainly tip the economy into recession.
SECURE 2.0 changes the rules governing how and when certain retirement savers can withdraw money from their retirement accounts and IRAs.
Sales increased by 3.0% on the month and by 2.3% if automobiles are excluded, according to the U.S. Census Bureau.
This annual timeline highlights milestones in the legislative cycle and details the latest state of play for each as they come into view.