Federal News Network

Think an old tax issue is behind you? The IRS says otherwise

It's more than just failure to pay and the failure to file — it's correcting past affirmative misstatements to the IRS as well," Tino Lisella said.
JD Supra

New IRS Program Lets Businesses Repay Questionable Employee Retention Credits at a Discount

The Internal Revenue Service has announced a new Voluntary Disclosure Program (VDP) that offers businesses a limited-time opportunity to repay improperly claimed Employee Retention Credits (ERC) at a ...
Forbes

IRS Reopens Voluntary Disclosure For ERC Through November

WASHINGTON, DC - APRIL 19: Internal Revenue Service Commissioner Daniel Werfel prepares to testify before the Senate Finance Committee about the Biden Administration's proposed budget request for ...
JD Supra

Voluntary Disclosure Program Announced for Pandemic-Related Employee Retention Credits

On Dec. 21, 2023, the IRS announced the Employee Retention Credit Voluntary Disclosure Program (ERC-VDP), which helps eligible taxpayers pay back the money they had received for erroneously filed ...
CSOonline

CISA’s VDP is going gangbusters but could still be improved

Introduced in 2021, the US government’s vulnerability disclosure policy platform has racked up 12,000 bug reports and saved the government millions in remediation costs. CISA’s vulnerability ...