Released: Apr 17, 2024
by Shawn Hessinger
In Small Company News
0
If a telemarketer informs you, the Internal Revenue Service owes your small company thousands. Look out! You might discover it too excellent to be real.
The IRS states business get in touch with small companies informing them to make an application for something called the Employee Retention Tax Credit.
“Scammers and deceitful promoters continue to run aggressive broadcast marketing, direct-mail advertising solicitations and online promos for the credit,” the IRS alerted in a memo in 2015. “Many of these advertisements hugely misrepresent and overemphasize who can receive the ERC, which is often likewise called ERTC or the Employee Retention Tax Credit.”
Naturally, the Employee Retention Tax Credit truly exists. The federal government developed it to assist small companies keep paying workers throughout the COVID-19 shutdown. It likewise uses to services with invoice losses associated to COVID-19 throughout the qualified duration.
Dishonest business inform little services nearly everybody is qualified for the credit. They use to fill out the application documentation.
The IRS lists numerous cautioning indications to try to find.
- You get unsolicited