Compass Tax Educators

THE 2024 SEASON PASS INCLUDES THIS COURSE. 

Do NOT purchase this course separately if you buy a 2024 PASS.

Billions of improper COVID-19 employee retention credit (ERC) payments have been issued by the federal government. In order to combat ERC fraud, the IRS is significantly increasing examinations of pending and paid ERC claims. The IRS also provides programs for taxpayers to withdraw or return improper ERC claims. This webinar reviews how to deal with these situations with the goal of minimizing the risks and financial impacts to the business and its owners.

Learning Objectives:

• Apply statute of limitations provisions to both pending and problem ERC claims.

• Explain issues likely to be reviewed in an IRS ERC examination.

• Describe current IRS programs available to withdraw pending ERC claims.

• Describe current IRS programs available to repay ERC claims.
  

Education Information

IRS Program Number: NMVBP-T-00269-24-S

Length: 100 minutes plus optional question-and-answer session (no CE)

Prerequisite: None

Advanced Preparation: Prior education on the COVID-19 ERC 

Program Level: Intermediate

Delivery Method: QAS Self-Study (NASBA) / On-Demand (IRS)

Field of Study: NASBA Federal Tax Topic; IRS Federal Tax Related Matter

Credit Hours: 2 NASBA CPE / 2 IRS CE

Instructors: 

Thomas Gorczynski, EA, CTP, USTCP and Heather Posey, EA Click here to learn more about the instructors.

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Course expires one year after purchase.

All continuing education credit is provided through Gregory & Associates, Inc. which is doing business as Compass Tax Educators. Click here for more information regarding our refund and education policies.