IRS Cracks Down on ERC Scams: Why You Need Waywaya's Expertise Now More Than Ever
📣 Did You Know?: The IRS has put Employee Retention Credit scams at the top of its annual list of the "Dirty Dozen" tax scams.
The landscape of Employee Retention Credit (ERC) is fraught with complexities, misinformation, and now, a heavier hand from the IRS. With the extension deadline looming on October 1st, staying compliant while maximizing your credit claims has never been more crucial. For small business owners, freelancers, and even larger enterprises, the stakes are high. So, how do you navigate this minefield? Look no further than Waywaya's Digital Accounting Services.
The IRS Means Business
A recent article in Accounting Today highlighted that the IRS is not taking ERC scams lightly. Businesses that improperly claim the ERC are facing audits and potential criminal investigations.
📣 Did You Know?: The IRS has increased its audit staff by 10% this year to handle the surge in ERC claims.
Why Waywaya?
Sure, you might think you can navigate the murky waters of ERC on your own, but why risk it? With Waywaya, you don't just get an accountant; you get a financial partner. Here's what sets us apart:
Deep Dive into Eligibility: We don't just skim the surface. Our experts dig deep to evaluate if you qualify for ERC.
Compliance is King: One wrong step and you could face an IRS audit. We ensure every 'i' is dotted and every 't' is crossed.
Strategic Insights: Our team offers advice tailored to the unique needs of your business, whether you're a small business, a freelancer, or a large enterprise.
📣 Did You Know?: One out of every three small businesses is subjected to penalties for payroll errors. Waywaya helps you steer clear of these common pitfalls.
What's in it for You?
Besides peace of mind? Quite a lot actually:
Save Time and Money: Time spent figuring out compliance is time not spent on your business. We save you both.
Stay Ahead of Trends: Our experts are always up to date with the latest financial trends and regulatory changes.
Financial Health Check: Our digital accounting services offer a comprehensive financial health check, so you know exactly where you stand.
The October 1st Deadline
Remember, the IRS has extended the deadline for ERC claims to October 1st. This is your last chance to get everything in order and maximize your credit claims without fearing an audit or penalties.
📣 Did You Know?: The IRS interest rate on late payments is currently 3%. Avoid this unnecessary cost by adhering to deadlines.
Next Steps
Ready to secure your financial future? Click here to get started with Waywaya's digital accounting services today. Trust us; you won't regret it.
