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  2. IRS claws back money given to businesses under fraud-ridden ...

    www.aol.com/news/irs-claws-back-money-given...

    April 2, 2024 at 10:17 AM. NEW YORK (AP) — The IRS says it's making progress with initiatives to claw back money improperly distributed under the Employee Retention Credit. The ERC was designed ...

  3. Bogus ‘tax service specialists’ duped business owners in ...

    www.aol.com/news/bogus-tax-specialists-duped...

    Bogus ‘tax service specialists’ duped business owners in latest Covid relief debacle, IRS says. When the pandemic upended daily life in his small Missouri town, small-business owner Scott ...

  4. Employee Retention Credit - Wikipedia

    en.wikipedia.org/wiki/Employee_Retention_Credit

    The Employee Retention Credit is a refundable tax credit against an employer's payroll taxes. [2] It was established as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), signed into law by President Donald Trump, in order to help employers during the pandemic. [3] The American Rescue Plan Act of 2021, signed into law ...

  5. Paycheck Protection Program - Wikipedia

    en.wikipedia.org/wiki/Paycheck_Protection_Program

    The Paycheck Protection Program ( PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self-employed workers, sole proprietors, certain nonprofit organizations ...

  6. CARES Act - Wikipedia

    en.wikipedia.org/wiki/CARES_Act

    The Coronavirus Aid, Relief, and Economic Security Act, [b] [1] also known as the CARES Act, [2] is a $2.2 trillion economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States.

  7. More than $1 billion in federal tax refunds unclaimed as ...

    www.aol.com/news/more-1-billion-federal-tax...

    The agency said this week that more than $1 billion in unclaimed refunds for tax filing year 2020 are sitting in its coffers, and that it's still possible for eligible filers to claim. Due to the ...

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