The IRS is offering leniency to businesses that expected to claim a pandemic-relief tax credit to keep employees on their payroll—if rules are followed. But they only have until Dec. 20 to ensure they’re compliant before penalties kick in.
The IRS released guidance (Notice 2021-65) covering the earlier-than-expected end of the employee retention tax credit, a Covid-19 relief measure that Congress sunset three months early in the recently enacted infrastructure law.
The guidance released Monday details how businesses that received advanced payments can return the money and when. It also explains how businesses that reduced payroll tax deposits ...
The rapper's agency said recent allegations shared online were fabricated, and filed a criminal complaint against the accuser. Rapper Yang Hong-won's agency has denied allegations that he cheated o...