2024-05-20 ERC Battles Continue
This week we look at:
DOJ issues proposed rule that would remove cannabis businesses from loss of most business deductions under IRC §280E
Filing date relief issued for those impacted by Ohio tornadoes from March
IRS National Fraud Counsel speaks on ERC exams in ABA Tax Section webinar
Tax adviser files suit to attempt to force the IRS to start processing ERC claims
Tax Court imposes penalty for raising frivolous claims against taxpayer who argued wages are not income (among other things)
An audio only version of this week’s broadcast can be streamed or downloaded below:
A PDF with a copy of the slides and links to the supporting documents can be downloaded below: