Forbes contributors publish independent expert analyses and insights. I write about tax policy and how it affects business. The IRS today announced a withdrawal process for business owners/tax-exempt ...

On October 19, 2023, the IRS announced (IR-2023-193) a withdrawal process for Employee Retention Credit (ERC) claims. The ERC withdrawal procedure follows an earlier IRS announcement (2023-169) on ...

The IRS on Thursday announced a "special withdrawal process" for small businesses that may have wrongly claimed the so-called employee retention tax credit. Many small businesses were misled by ERC ...

Last month, citing "rising concerns about a flood of improper Employee Retention Credit (ERC) claims," the IRS announced a moratorium on processing new ERC claims. At the time, the agency indicated ...

What Is a 403(b) Hardship Withdrawal? A 403(b) hardship withdrawal refers to the early withdrawal of funds from a 403(b) retirement savings plan due to severe financial hardship. It's a provision ...

All-school withdrawals may impact access to student services and resources. Students with questions about whether or not withdrawing for the semester will limit their access to specific services and ...