Get ready for the 2024 tax season with Roger and Annie! They cover critical deadlines, documentation tips, e-filing requirements, ERC updates,  and other need-to-know changes that affect small businesses and tax preparers this year.


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Chapters

• (00:00) - Welcome To Federal Tax Updates Episode 24
• (01:18) - Summary of employee retention credit and updates
• (02:48) - Overview of voluntary program for repaying improperly claimed credits
• (08:50) - Key details on the voluntary program
• (13:03) - Importance of documentation for ERC claims
• (15:41) - Origins and intentions of the ERC program
• (19:14) - Potential changes to ERC in Congressional budget negotiations
• (23:28) - Other letters and updates on ERC claims
• (25:21) - Expectations for further ERC guidance
• (29:34) - Using protective claims when amending returns
• (32:41) - Advice for taxpayers who used third parties for ERC claims
• (36:53) - Upcoming dates and other filing season reminders
• (42:29) - Thanks for listening and remember to subscribe

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Roger Harris
Annie Schwab

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All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.