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Month: October 2024

More ERC Forgiveness

Posted on October 6, 2024 by relanetAdmin

The IRS has opened a second round of the Employee Retention Credit Voluntary Disclosure Program (or “ERC VDP”) for businesses who may have improperly claimed the ERC in the past. The ERC VDP is open now and runs through Nov. 22, 2024. This ERC VDP helps businesses repay credits they received after filing ERC claims
-> Continue reading More ERC Forgiveness

Tax Treatment of Crowdfunding

Posted on October 6, 2024 by relanetAdmin

Crowdfunding is a method of raising money through websites by soliciting contributions from a large number of people. The contributions may be solicited to fund businesses, for charitable donations, or for gifts. Sometimes, the money raised through crowdfunding is solicited by crowdfunding organizers on behalf of other people or businesses. In other cases, people establish
-> Continue reading Tax Treatment of Crowdfunding

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1073 Hancock Street
Suite 300
Quincy, MA 02169
info@sandtassociates.com
Office: (617) 376-0111
Fax: (617) 847-4297
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