The IRS has unveiled a "voluntary disclosure program" for businesses that claimed a pandemic-era tax credit in error and want to pay the money back. The new voluntary ...
The Voluntary Disclosure Program offers eligible taxpayers the opportunity to rectify potential errors in their employee retention credit claims by repaying only 80 percent of the credited amount. All ...
April 29, 2024 - On April 15, 2024, the Department of Justice released its "Criminal Division's Pilot Program on Voluntary Self-Disclosures for Individuals." Similar in many ways to programs ...
See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. The Internal Revenue Service (IRS) has issued an urgent reminder to ...
The Internal Revenue Service has announced a voluntary disclosure program for employers that may have filed non-qualifying Employee Retention Credit (ERC) claims under the CARES Act for the wages paid ...
OTTAWA, ON, June 15, 2026 /CNW/ - Tax situations can be complicated. If you made a mistake, missed a filing deadline, or forgot to report income, you are not alone. The Voluntary Disclosures Program ...
In the span of 15 months, the U.S. Department of Justice (DOJ) and certain individual U.S. Attorney's Offices announced no less than six different voluntary self-disclosure or whistleblower policies ...
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Businesses that want to repay money received from questionable employee retention credit (ERC) claims can do so through a new voluntary disclosure program announced Thursday by the IRS (Announcement ...