Are you aware that the IRS is sounding the alarm about a massive fraud issue related to the Employee Retention Tax Credit (ERC)? According to Accounting Today, this could be a $2 trillion dollar scam, making it the largest in government history! In this video, I’ll talk about why the IRS is more frustrated than ever, and why you should be concerned too.
This fraud is taking away American tax dollars at an unprecedented scale, far surpassing PPP and stimulus check scams. Stick around as I’ll also share exclusive sound bites from the IRS’s latest enforcement webinar on ERC fraud. Don’t miss out on this crucial information, hit that Subscribe button and ring the bell for more CPA insights and updates.
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Do you have questions about Did the IRS just lose $2 Trillion of American Taxpayer Money? I’m an Illinois-licensed, Registered Certified Public Accountant with over 25 years of experience. I’m dedicated to providing outstanding tax and accounting services to individuals and small businesses in the Chicago area.
Disclaimer: Any accounting, business or tax advice contained in this article, is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor is it sufficient to avoid tax-related penalties. If desired, I would be pleased to perform the requisite research and provide you with a detailed written analysis. Such an engagement may be the subject of a separate engagement letter that would define the scope and limits of the desired consultation services.