Archive for October, 2022

IRS makes statements on CARES Act Employee Retention Tax Credit risks

On Oct. 19, 2022 the IRS issued a news release warning employers to be wary of third parties who have ramped up campaigns to try and get employers to claim the CARES Act Employee Retention Tax Credit (ERTC) when they may not actually qualify.

California Individual Middle Class Tax Refund

California Individual Middle Class Tax Refund In June 2022, California lawmakers approved the Middle Class Tax Refund (MCTR) as a way to provide some relief to the rising cost of living.  You are eligible for this refund if you: Filed your 2020 tax return by October 15, 2021 [i] Meet the California adjusted gross income (CA AGI)… [Read More]