Description
Get ready for the 2024 tax season with Roger and Annie! They cover critical deadlines, documentation tips, e-filing requirements, ERC updates, and other need-to-know changes that affect small businesses and tax preparers this year.
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(00:00) - Welcome To Federal Tax Updates Episode 24
(01:18) - Summary of employee retention credit and updates
(02:48) - Overview of voluntary program for repaying improperly claimed credits
(08:50) - Key details on the voluntary program
(13:03) - Importance of documentation for ERC claims
(15:41) - Origins and intentions of the ERC program
(19:14) - Potential changes to ERC in Congressional budget negotiations
(23:28) - Other letters and updates on ERC claims
(25:21) - Expectations for further ERC guidance
(29:34) - Using protective claims when amending returns
(32:41) - Advice for taxpayers who used third parties for ERC claims
(36:53) - Upcoming dates and other filing season reminders
(42:29) - Thanks for listening and remember to subscribe
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The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
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