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Tax and financial planning news from around the web: June 17 – 21, 2024

Written on Jun 18, 2024

Some unscrupulous promoters have misrepresented eligibility rules for the Employee Retention Credit, luring well-intentioned businesses to claim the credit when they don’t qualify. The IRS is highlighting seven suspicious signs and urging businesses to seek a trusted tax professional to resolve an incorrect claim if they need to. 

State and local tax attorneys discuss business tax exemptions, specifically sales and use tax exemptions your business may be able to take advantage of.