A promise made is a promise kept; unless it’s the Employee Retention Tax Credit. The federal government made a promise to small businesses four years ago: Keep your employees on payroll during a once-in-a-lifetime global pandemic and we’ll reimburse you. In hundreds of thousands of cases, they haven’t. The IRS has publicly estimated that 10-20 percent of its outstanding Employee Retention Tax Credit claims show a “low risk” of fraud. This means hundreds of thousands of businesses that played by the rules and kept their employees on payroll have yet to receive a penny of their promised dollars. And it’s likely their estimates are low. These small businesses have waited for mo
Hence then, the article about honest small businesses are paying the price for covid fraud was published today ( ) and is available onThe Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Honest small businesses are paying the price for COVID fraud )