Self Employed Businesses
If your business wasn’t compliant with the Affordable Care Act, you may receive Letter 226-J and Forms 14764 and 14765. The letter explains the proposed...
IRS Letter 226-J is sent to inform applicable large employers (ALEs) that they are liable for an Employer Shared Responsibility Payment (ESRP). These penalties are...
IRS Forms 1094-C and 1095-C collect information on health coverage offered by applicable large employers (ALEs). Both these forms are required by the IRS and,...
The Affordable Care Act (ACA) employer mandate legally requires employers with 50 or more full-time equivalent (FTE) employees to offer health insurance that meets minimum...
There are strict laws regarding how Georgia businesses collect and pay sales and use tax. To make matters even more complicated, these laws are frequently...
Following their September announcement of an Employee Retention Tax Credit (ERC) Claims Withdrawal Program, on December 21, the IRS released details regarding a voluntary disclosure...
In the aftermath of COVID-19, the promise of more flexible working conditions and being your own boss has driven millions of workers into the embrace...
Following the announcement of a moratorium on new ERC claim processing in September, the IRS has recently released further guidance for those concerned about their ERC claims. Employers now...
The IRS May Leverage “Erroneous Refund Procedures” to Extend Audit Timeline for ERC Claims on Employer Tax Returns The IRS has three years to audit...
If you’re a business owner who has filed an unprocessed claim for Employee Retention Credits, or you’re thinking about filing a claim, you’ll want to...