Blog posts in tag Internal Revenue Service

IRS Announces Withdrawal Process for Employee Retention Credit Claims

Posted on 10/19/2023 at 01:16 PM by Cody Edwards, Charles Telk

Categories: Charles Telk, Cody Edwards, Taxation Law

Tagged As: COVID-19, Employee Retention Tax Credit , ERC, Internal Revenue Service, IRS

IRS Announces Withdrawal Process for Employee Retention Credit Claims

The IRS has repeatedly warned taxpayers of aggressive marketing and scams regarding the Employee Retention Credit. ...

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IRS to Halt ERC Processing

Posted on 09/19/2023 at 02:29 PM by Charles Telk, Cody Edwards

Categories: Charles Telk, Cody Edwards, Taxation Law

Tagged As: COVID-19, Employee Retention Tax Credit , ERC, Internal Revenue Service, IRS

IRS to Halt ERC Processing

The IRS issued a moratorium on processing new Employee Retention Credit (“ERC”) claims due to evidence sugge...

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Latest IRS Guidance Demonstrates the Limited Basis for Claiming the ERC under a Supply Chain Disruption Theory

Posted on 07/25/2023 at 09:40 AM by Cody Edwards, Charles Telk

Categories: Charles Telk, Cody Edwards, Taxation Law

Tagged As: COVID-19, Employee Retention Tax Credit , ERC, Generic Legal Advice Memorandum, GLAM, Internal Revenue Service, IRS

Latest IRS Guidance Demonstrates the Limited Basis for Claiming the ERC under a Supply Chain Disruption Theory

Does the disruption of an employer’s supply chain during the Covid pandemic qualify them for the Employee Retentio...

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When the Taxman Cometh for (Potentially) Invalid ERC Claims

Posted on 07/19/2023 at 10:08 AM by Cody Edwards, Charles Telk

Categories: Charles Telk, Cody Edwards, Taxation Law

Tagged As: Employee Retention Tax Credit , ERC, Internal Revenue Service, IRS, 2023 Dirty Dozen list

When the Taxman Cometh for (Potentially) Invalid ERC Claims

The IRS has repeatedly warned businesses of promoters presenting wildly misleading claims about the Employee Retention C...

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Employee Repayment of Compensation - Update

Posted on 05/26/2023 at 10:56 AM by David Repp

Categories: David Repp, Employment & Labor Law, Taxation Law

Tagged As: employee termination, employer repayment, employers, FICA withholding, Internal Revenue Service, North American Oil Consolidated v Burnet, payroll deductions, Social Security

Employee Repayment of Compensation - Update

I first wrote about employee repayment of compensation here in August of 2016. The following is an update to that o...

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IRS Guidance on Deducting Expenses paid with PPP Loan Proceeds

Posted on 11/20/2020 at 04:03 PM by Ronald Mountsier

Categories: Ron Mountsier, Taxation Law

Tagged As: 2020 PPP loans, 2020 tax return, Coronavirus, Coronavirus Relief, COVID-19, Internal Revenue Service, IRS, Paycheck Protection Program, PPP loan forgiveness, PPP loans, Ronald Mountsier

IRS Guidance on Deducting Expenses paid with PPP Loan Proceeds

UPDATE – ON DECEMBER 21, 2020 CONGRESS ANNOUNCED A NEW STIMULUS PACKAGE THAT WILL ALLOW EXPENSES PAID WITH THE PRO...

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IRS Issues Payroll Tax Deferral Guidance — Answering Some Questions

Posted on 09/03/2020 at 02:26 PM by Cody Edwards

Categories: Cody Edwards, Taxation Law

Tagged As: employee wages, Internal Revenue Service, Notice 2020-65, payroll tax deferral guidance, President Trump, Railroad Retirement Tax Act, Trump Administration, Trump Administration Memoranda

IRS Issues Payroll Tax Deferral Guidance — Answering Some Questions

On August 28, 2020, the IRS, in Notice 2020-65, issued guidance on the deferral of employee payroll tax obligations as o...

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Employers: Be cautious of the new tax law’s incentive For independent contractors

Posted on 01/08/2018 at 10:45 AM by The Newsroom

Categories: Cody Edwards, Melissa Schilling, Taxation Law

Tagged As: 2018 Tax Law, C-corporation, employee classification, income tax, independent contractor, Internal Revenue Service, IRS, LLCs, right to control test, S-corporation

Employers: Be cautious of the new tax law’s incentive For independent contractors

The new Federal tax legislation, effective January 1, 2018, brought many changes. The IRS has not yet issued regulations...

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One family unit or two?

Posted on 08/14/2017 at 10:33 AM by David Repp

Categories: David Repp, Real Estate & Land Use, Taxation Law, Trusts & Estates Law

Tagged As: 2018 Tax Law, back taxes, back taxes help, best tax attorney, Des Moines tax attorney, estate lawyer, estate planning, estate tax, estate tax table, federal income tax return, file taxes online, find my friends, Gift Tax Regulations, income tax, income tax online filing, Internal Revenue Service, Iowa estate planning, Iowa Tax, irs tax help, joint revocable trust, online tax help, real estate attorney, real estate attorney near me, real estate lawyer, state tax help, tax filing, tax levy, tax online, tax preparation help, tax relief, tax settlement, tax solutions, trusts and estates, trusts and estates law, wills and trusts

One family unit or two?

Joint revocable trusts (“JRT”) for spouses seem to be gaining popularity in Iowa. Attorneys professing...

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Nontaxable employee fringe benefits - Qualified employee discounts

Posted on 05/19/2017 at 12:13 PM by David Repp

Categories: David Repp, Employment & Labor Law, Taxation Law

Tagged As: Des Moines employment attorney, discrimination lawyers, EEOC, eeoc lawyer, employee benefits, employment attorney, employment contract, employment law, employment law attorney, employment legal advice, fringe benefits, Internal Revenue Service, Iowa Employer Law Blog, Iowa Tax, labor lawyers, lawyers specializing in wrongful termination, legal advice, local attorneys, work lawyer

Nontaxable employee fringe benefits - Qualified employee discounts

Despite recent Congressional attempts to close loopholes and raise revenues, provisions in the Tax Code still exist that...

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