Tax News
What’s Happening in the world of taxes
Beware of Employee Retention Credit scams
The IRS continues to see third parties aggressively promoting Employee Retention Credit (ERC) schemes. In News Release IR-2023-105, the IRS renewed an alert for businesses and tax exempt groups to watch out for warning signs of aggressive Employee Retention Credit marketing.
Tax considerations when selling a home
Many people move during the summer. Taxpayers who are selling their home may qualify to exclude all or part of any gain from the sale from their income when filing their tax return.
Issue Number: Don’t Fall for Employee Retention Credit Scams
Here is a video tax tip from the IRS:
