2023-05-15 The PEO and Your ERC Refund
This week we look at:
IRS email discusses issues that arise with payroll tax refunds when a PEO is involved who itself has unpaid tax liabilities
Letter ruling provides that Forms 1099-C must be filed by a credit union due to writing off certain debts as part of a legal settlement
IRS plans to add more detail to partnership K-1 liability disclosures on 2023 returns
An audio only version of this week’s broadcast can be downloaded or streamed below:
A copy of the slides with links to stories for this week’s update can be downloaded below: