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Elizabeth
Dec 7, 20232 min read
Attention Business Owners: Important Update on Employee Retention Credit (ERC) Claims
IRS intensifies scrutiny on ERC claims, sending 20,000 disallowance letters for ineligible claims. Review and use caution before applying.
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Elizabeth
Dec 6, 20232 min read
Understanding the Delayed Form 1099-K Reporting Requirements for 2023
IRS delays new $600 Form 1099-K threshold for 2023; keeps $20,000/200 transactions limit. $5,000 threshold planned for 2024. Stay informed!
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