Technical topics regarding tax preparation.
10-Nov-2021 6:38pm
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What are the potential penalties if the IRS determines that an employer who claimed the ERC wasn’t eligible?
10-Dec-2021 5:35pm
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Just shooting from the hip here but probably worst case scenario fraud or gross negligence. Trust Fund Recovery Penalty which can be 100% penalty plus late fees and interest.
To claim the credit you're supposed to document your support for it.
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