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COVID fraud: Bogus 'tax service specialists' duped business owners--IRS

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COVID fraud: Bogus 'tax service specialists' duped business owners--IRS

Tue, 2024-04-16 10:06 — mike kraft
Bogus 'tax service specialists' duped business owners in latest Covid relief debacle, IRS says IRS officials say the Employee Retention Tax Credit program has been a magnet for unscrupulous promoters who filed a “tsunami of bad claims.” NBC News

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Congress said the Employee Retention Tax Credit would cost around $55 billion, but new estimates put the cost at $250 billion, and claims are still pouring in...

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