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Small Business › Audits › Internal Revenue Service

Lippes Mathias LLP

Where's My Employee Retention Credit?

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In the years since COVID-19 shut down the country, many businesses applied for the Congressionally-authorized Employee Retention Credit (ERC), a valuable relief program created during the pandemic to support businesses who...more

Foodman CPAs & Advisors

Pass-Through Entities are Under Scrutiny by IRS

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On 10/22/24, the IRS announced that is has officially commenced operations of the newly established pass-through field operations unit within its Large Business and International (LB&I) division, which was announced last...more

Foley & Lardner LLP

Cos. Should Heed IRS Warnings About Employee Tax Credit

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For most businesses, turning the calendar to 2023 meant putting the pandemic and any of its tax-related effects further in the rearview mirror. One notable exception, however, is the employee retention credit, or ERC,...more

Husch Blackwell LLP

Inflation Reduction Act to Greatly Increase IRS Funding

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The Inflation Reduction Act of 2022 (IRA) includes increased Internal Revenue Service (IRS) funding in the amount of approximately $80 billion over ten years. According to a Congressional Research Service report, the law...more

Miller Canfield

The Government's Use of Procedural Hurdles to Disallow Research Credit Refund Claims

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In two recent cases, the IRS has tried to defeat research credit refund claims on procedural grounds, rather than simply litigating whether the substantive nature of the asserted research meets the requirements of section 41...more

Freeman Law

Is the IRS on a Hiring Spree?

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Yes! So, if you’ve ever wanted to work as an auditor for the IRS, then it’s time to dust off your resume. The IRS is hiring thousands of auditors by the end of September 2021. And if you’re on the other side of the aisle,...more

Butler Snow LLP

IRS to Hire Thousands of Auditors – Is Your Business Ready?

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The co-commissioners of the IRS’s Small Business/Self-Employed and Criminal Investigations Divisions announced yesterday that the agency will be hiring thousands of auditors by September 2021...more

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