Law360 published an article from Potomac Law Partners Derek Adams and Susan Rogers, along with Jesse Morton, Managing Director of Stout Risius Ross LLC, titled “5 Ways Taxpayers Can Spot Employee Retention Credit Scams.” Recently added to the IRS’s Dirty Dozen list, the Employee Retention Credit (ERC) is a pandemic-era employment tax credit available to qualifying employers.
In the article, Adams, Rogers and Morton examine the purpose and history of the ERC and provide tips for identifying bad actors before it's too late. The article also provides advice to taxpayers considering the ERC and what steps business owners should take before signing a contract or engagement letter with a prospective ERC consultant.
