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The ERC Moratorium: What Accountants and Tax Pros Need to Know

The Accounting Podcast

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Tax Implications and Responsibilities of Tax Preparers

The chapter discusses the tax implications of the Employee Retention Credit (ERC) and the responsibilities of tax preparers, including the need to amend returns and investigate potentially fraudulent claims. It emphasizes the importance of good documentation and work papers to support ERC calculations and prevent IRS audits.

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