by Richard Gano | Aug 22, 2025 | Employment Tax, Internal Revenue Service
The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, made sweeping changes to the Employee Retention Credit (ERC) program, and some employers may now be at risk of losing claims or facing increased IRS scrutiny. If your business claimed the ERC or... by Michele Weiss | Aug 15, 2024 | Employment Tax, Internal Revenue Service
On the heels of its announcement that the IRS has approved 50,000 employee retention credit (ERC) claims, rejected 28,000 ERC claims, initiated 460 ERC-claim related criminal cases, and extended the ERC claim review moratorium to January 31, 2024,[1] the IRS announced... by Michele Weiss | Jun 15, 2024 | Audit, COVID-19, Employment Tax, Internal Revenue Service
Michele Weiss recently published an article in the Daily Journal entitled “The IRS has ramped up its efforts to catch tax fraudsters involved in Employee Retention Credit misuse.” In this article, Michele analyzes the current state of the Employee Retention Credit....
by Michele Weiss | Jun 10, 2024 | California Employment Development Department, Employment Tax, Internal Revenue Service
On June 20, 2024, Michele Weiss, principal at Holtz, Slavett, & Drabkin, will participate in a Beverly Hills Bar Association Panel: “Attracting and Retaining Talent for Start-Ups: Employee Incentive Plans, Payroll Concerns, Immigration Law Issues.” This panel is...
by David J. Warner | Apr 18, 2024 | Employment Tax, Internal Revenue Service
On April 26, 2024, Shareholder David J. Warner and Principal Michele Weiss will provide their expertise on the IRS audits of the employee retention credit (ERC) in a Strafford webinar entitled “Preparing for Employee Retention Credit Audits: Withdrawing a Claim,...
by Richard Gano | Mar 6, 2024 | Employment Tax, Internal Revenue Service
The Employee Retention Credit (ERC) is a valuable tax incentive that was designed to encourage businesses to retain their employees during challenging economic times during the COVID-19 pandemic. Initially established under the CARES Act and subsequently extended...