Understanding the IRS's Freeze on Employee Retention Credit - Bottom Line Pharmacy Podcast Update

Send us Fan MailIn this episode of the Sykes the Bottom Line Pharmacy Podcast, we dive into the recent developments concerning the Employee Retention Credit (ERC). The IRS has ordered an immediate stop to new ERC processing due to a surge in questionable claims and concerns of tax professional's aggressive marketing. Learn how this affects your business and what steps you can take if you've already applied for the ERC. Join us as we dissect the IRS's actions and discuss the potential consequences of scams. Stay informed and protect your pharmacy from unexpected audits. Also - stay tuned to the end for an ERC Parody of Taylor Swift's Shake It Off performed by the wonderful vocals of Kendall Harris and Bonnie BondPlease like and subscribe and click here to learn more about our podcast team and previous episodes. https://www.sykes-cpa.com/media-resources/the-bottom-line-pharmacy-podcast/ Stay Connected With Us: Facebook: https://www.facebook.com/sykesandco Twitter: https://twitter.com/OllinSykes LinkedIn: https://www.linkedin.com/company/sykes-&-company-p-a-?trk=tyah  Bonnie’s Twitter: https://twitter.com/BonnieEvansBond  Kendell’s Twitter: https://twitter.com/CpaKendell  Scotty’s Twitter: https://twitter.com/ScottySykesCPA