Tax Fraud

Coinciding with the opening day of the Olympic games, the IRS issued IR-2024-198, again stating that it will deny tens of thousands of ERC claims that, according to the

Continue Reading The IRS has started its own Employee Retention Credit Olympics

The March 22 deadline for applying to the IRS Voluntary Disclosure Program (VDP) to repay improperly claimed Employee Retention Credits (ERC) at a discount is just around the corner.  The

Continue Reading March 22 ERC Voluntary Disclosure Deadline Rapidly Approaching

There are several new developments in the Internal Revenue Service’s ongoing campaign to combat false and fraudulent Employee Retention Credit (ERC) claims.

They include an indefinite extension of the agency’s

Continue Reading IRS and Congress Expand Efforts to Address ERC Fraud

The IRS has announced a new Voluntary Disclosure Program (VDP) offering businesses a limited-time opportunity to repay improperly claimed Employee Retention Credits at a discount while avoiding penalties and interest. The VDP requires businesses to repay only 80% of the improper credits they received and has an application deadline of March 22, 2024.
Continue Reading New IRS Voluntary Disclosure Program Lets Businesses Repay Questionable Employee Retention Credits at a Discount

This post is authored by Nicholas Lyskin (foxrothschild.com), Kristy Caron (foxrothschild.com) and Brian C. Bernhardt (foxrothschild.com)

Most appraisers don’t go to prison, and those that do, don’t go for

Continue Reading One Appraiser Goes to Prison, Another Goes Home: What to Expect from the IRS

The IRS recently announced that it will offer certain employers an opportunity to withdraw Employee Retention Credit (ERC) claims if they are concerned about their accuracy. Qualifying employers may be

Continue Reading Amid Fraud Investigations, IRS Offers Employers an Opportunity to Withdraw Inaccurate Employee Retention Credit Claims

Fox attorneys Ian M. Comisky and Matthew D. Lee will be speaking on criminal tax enforcement panels at the Federal Bar Association’s 2019 Tax Law Conference to be held on
Continue Reading Fox Rothschild Attorneys to Speak at Federal Bar Association’s 2019 Tax Law Conference

The Internal Revenue Service has announced that the nation’s tax season will begin on Monday, January 29, 2018. As is typically the case, the annual opening of tax season is
Continue Reading With Tax Season Fast Approaching, IRS Secures Guilty Plea in High-Profile Tax Case Involving Reality TV Star “The Situation”