Handling Incorrect ERC Claims
Annie and Roger discuss how tax season isn't over yet due to 50,000 ERC claims per week being filed with the IRS. They also go into detail on how to handle incorrect and potentially fraudulent claims.
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Links mentioned in this episode
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Roger Harris
Annie Schwab
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This podcast is a production of the Earmark Media
The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.
Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode.
Links mentioned in this episode
Chapters
- (00:00) - FTU E9
- (03:14) - More updates on ERC
- (07:54) - Some basics of the ERC
- (18:21) - What do we do if we believe the ERC claim to be false and a client comes to us to amend the return?
- (24:38) - What is the goal of form 14242?
- (33:31) - ERC Suppy Chain Interruption
- (35:23) - Quick summary to know if you qualify for ERC
- (42:09) - Updates on Tax Cuts and Job Act (Trump Tax Cuts )
- (50:42) - How do think the Tax Practitioners tax season went?
- (53:01) - Was this a good or bad tax season?
twitter.com/FedTaxPod
facebook.com/FedTaxPod
linkedin.com/showcase/fedtaxpod
Connect with the Hosts on LinkedIn
Roger Harris
Annie Schwab
Review
Leave a review on Apple Podcasts or Podchaser
Subscribe
Subscribe to the Federal Tax Updates podcast in your favorite podcast app!
This podcast is a production of the Earmark Media
The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.