Francis Walshe

Federal and state reporting requirements are among the most heartbreaking aspects of small business ownership. Getting them right doesn’t provide you or your customers with any additional benefits; getting them wrong can spell disaster. The compliance consulting industry has entered the picture to help companies navigate these potentially troublesome waters. Of course, if you pick … Read more

I’ve written a lot of content about tax credits on this blog, and the Employee Retention Credit (ERC) is among the most lucrative tax relief options currently available to American businesses.  Unfortunately, it’s also garnered plenty of publicity for the wrong reasons. Many of the ERC claims the IRS has received have either been faulty … Read more

It’s a cruel world out there these days when it comes to costs, and one of the biggest liabilities most companies face is the dreaded tax bill. Tax credits are a great way to prevent the IRS from taking too much of your money. However, this area can be a bit of a minefield; eligibility … Read more

Did COVID-19 affect your ability to conduct business as normal? If you’re an employer who would answer “yes” to this question (and, realistically, most employers are), it may benefit you to learn more about the soon-to-be-consigned-to-the-dustbin-of-history Employee Retention Credit (ERC). The ERC will essentially refund a certain amount of the money you paid your employees … Read more

Did your business have full-time employees during the COVID-19 pandemic? If so, you might be entitled to the Employee Retention Credit (ERC). This tax credit comes as a refund of a portion of the wages you paid out in 2020 and 2021. It could provide you with a sizeable chunk of money, depending on the … Read more