Federal Tax Updates

The ERC Rollercoaster Continues


Listen Later

The drama and confusion around Employee Retention Credits continues into 2023 with new guidance creating more questions than answers. In this episode, Roger and Annie provide an update on the latest ERC developments, including new problems facing practitioners and small business owners as well as lingering unresolved issues around amending returns, repayments, and fraud. Join Roger and Annie as they attempt to make sense of the ongoing ERC mess in 2023.

Sponsors
Padgett -  Contact Padgett or Email Jeff Phillips

Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode.

Connect with the Hosts on LinkedIn
Roger Harris
Annie Schwab

Review
Leave a review on Apple Podcasts or Podchaser

Subscribe
Subscribe to the Federal Tax Updates podcast in your favorite podcast app!

This podcast is a production of the Earmark Media

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

  • (00:00) - Welcome everyone to another episode of Federal Tax Updates: We have some ERC updates
  • (07:17) - You can still apply for the ERC credit
  • (12:51) - If you don't do ERC make sure your clients are working with a legit company
  • (19:04) - What if a small business got some ERC money that they probably shouldn't have?
  • (30:51) - What qualifies as "Supply Chain Interruption?"
  • (31:47) - Roger gives Annie a test if someone would qualify for ERC
  • (40:19) - What should the people do if they have legitimate ERC credits?
  • (47:54) - Key takeaways about ERC you should know today!
  • (51:08) - Wrap up. Please subscribe so you don't miss an episode
  • ...more
    View all episodesView all episodes
    Download on the App Store

    Federal Tax UpdatesBy Roger Harris, EA and Annie Schwab, CPA

    • 4.9
    • 4.9
    • 4.9
    • 4.9
    • 4.9

    4.9

    32 ratings


    More shows like Federal Tax Updates

    View all
    WSJ Your Money Briefing by The Wall Street Journal

    WSJ Your Money Briefing

    1,725 Listeners

    Main Street Business by Mark J Kohler and Mat Sorensen

    Main Street Business

    583 Listeners

    PwC's accounting podcast by PwC

    PwC's accounting podcast

    178 Listeners

    Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

    Your Money, Your Wealth

    810 Listeners

    Tax Smart Real Estate Investors Podcast by Hall CPA

    Tax Smart Real Estate Investors Podcast

    424 Listeners

    Talking Tax by Bloomberg Tax

    Talking Tax

    110 Listeners

    NerdWallet's Smart Money Podcast by NerdWallet Personal Finance

    NerdWallet's Smart Money Podcast

    868 Listeners

    Tax Notes Talk by Tax Notes

    Tax Notes Talk

    89 Listeners

    The Accounting Podcast by Blake Oliver & David Leary

    The Accounting Podcast

    336 Listeners

    Small Business Tax Savings Podcast by Mike Jesowshek, CPA

    Small Business Tax Savings Podcast

    253 Listeners

    The Long View by Morningstar

    The Long View

    905 Listeners

    Ready For Retirement by James Conole, CFP®

    Ready For Retirement

    810 Listeners

    The Long Term Investor by Peter Lazaroff

    The Long Term Investor

    148 Listeners

    On Investing by Charles Schwab

    On Investing

    310 Listeners

    Tax in Action: Practical Strategies for Tax Pros by Jeremy Wells, EA, CPA

    Tax in Action: Practical Strategies for Tax Pros

    12 Listeners