We helped a client from committing fraud. A human capital management firm that holds itself out as calculating tax credits told the business owner that they had $500K of employer tax credit based on their 2021 wages. They calculated the credit on the compensation paid to employees. They ignored the gross receipts requirement. We did the calculations and the business did NOT qualify under the gross receipts requirement. And that firm billed the business owner $50K. Be careful who you work with!
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