7 Allegations that Can Lead to Prosecution for COVID-19 Pandemic Fraud (PPP or ERC Fraud)
Posted in News, Offshore Account Update on September 29, 2023
Posted in News, Offshore Account Update on September 29, 2023
Posted in News, Offshore Account Update on September 11, 2023
Posted in News, Offshore Account Update on August 31, 2023
The Employee Retention Credit (ERC) was—and is—a pandemic relief program that allows qualifying businesses to claim refundable tax credits for the 2020 and 2021 tax years. Qualifying businesses can retroactively claim the ERC through 2025, and they can receive refunds from the Internal Revenue Service (IRS) if they paid more than necessary during the COVID-19 pandemic.
Read MorePosted in Hot Topics, News, Offshore Account Update on August 11, 2023
Posted in News, Offshore Account Update on July 31, 2023
If you filed a Paycheck Protection Program (PPP) loan application, you are at risk of facing federal scrutiny. With reports suggesting that at least 10 percent of the roughly $800 billion disbursed under the program went to applicants that didn’t qualify, IRS Criminal Investigation (IRS CI) and the U.S. Department of Justice (DOJ) are continuing to investigate and prosecute PPP loan fraud in 2023.
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