Voluntary Disclose Program deadline approaching

The IRS voluntary disclosure program involving the Employee Retention Tax Credit (ERTC) runs through March 22, 2024. It allows eligible businesses to repay 80% of the money they received after filing ERTC claims in error. They also don’t need to pay penalties and interest. To help educate taxpayers on the program, the IRS has posted a free, 75-minute webinar on its website. The webinar explains, among other things, who’s eligible to participate in the program, how to apply and what happens after applying. A question-and-answer session follows the main presentation. For more information: https://bit.ly/4bT4x0p 

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