Know the Signs of an Employee Retention Credit Scam If it sounds too good to be true, it probably is. The IRS has sounded the alarm repeatedly regarding a scam involving the Employee Retention Credit (ERC). Third parties have been aggressively promoting that...
A taxpayer who deducted expenses related to use of his business vehicles recently took a wrong turn in Tax Court. Ultimately, his deductions were denied because he couldn’t provide the documentation need to support his deductions. In general, you can deduct costs...
GREETINGS CLIENTS AND FRIENDS, Season’s Greetings from the Insight Accounting Group team. As the tax year draws to a close and we take time to reflect, we want to say thank you to you for what you and your business contribute to our local and national economy....
Does my business qualify to claim the Employee Retention Credit (ERC) ? If you are a client of Insight Accounting Group and own a business, we have very likely discussed the applicability of the federal Employee Retention Credit (ERC) with you sometime in the past two...
