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The Oversight Subcommittee of the House Ways & Means Committee held a hearing on July 27, 2023, to address issues related to the Employee Retention Credit. One of the most significant concerns discussed was fraudulent activities, where ERC mills posing as experts are attempting to persuade ineligible employers to file for the Employee Retention Credit. […]
The IRS has drafted new K-2, K-3 instructions – here is what you need to know.
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