IRS Employee Retention Credit - Voluntary Disclosure Program Webinar

Event description

Need to reroute?  An IRS Voluntary Disclosure Program may help your business repay an Employee Retention Credit claimed in error.

If your business claimed the Employee Retention Credit (ERC) in error, now is the time to act.  The Internal Revenue Service (IRS) has announced a limited time reopening of its Voluntary Disclosure Program (VDP), available through November 22. This program offers a valuable opportunity for businesses to correct inaccurate ERC claims and ensure compliance with tax regulations.

Key Points to Consider:

• Eligibility Criteria:  Understand whether your business qualifies for the second round of the ERC Voluntary Disclosure Program.
• Application Process:  Learn the steps to apply for the program and what documentation you’ll need.
• ERC Claim Withdrawal Process:  If your ERC claim has not been paid by the IRS, or if you’ve received a refund check but have not cashed or deposited it.  Discover how you can withdraw your claim.

Take advantage of this chance to address any discrepancies and secure your business’s compliance before the deadline.

SBA will make a short presentation on how SBA programs and services assist small businesses.