At the end of 2023, the IRS announced a voluntary disclosure program for employers who want to pay back the refunds they received after filing Employee Retention Credit (ERC) claims that they later determined they were not eligible for. The program will run through March…
Alicia Holloway, CPA
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Alicia Holloway joined Rivero, Gordimer & Company in 2021 with over 10 years of experience in tax preparation. Her areas of concentration include income tax preparation, planning and consulting for individuals, closely-held businesses, and tax-exempt organizations. Ms. Holloway earned her Bachelor of Science in Accounting and her Master of Science in Accounting from the University of Tampa. She is a graduate of Tampa Connections Class of 2017.
In the wake of unprecedented economic challenges posed by the COVID-19 pandemic, the Employee Retention Credit (ERC) emerged as a vital lifeline for businesses, offering a much-needed financial boost to retain employees during uncertain times. However, as the Internal Revenue Service (IRS) announces a new…
The IRS’s recent announcement regarding the halt of Employee Retention Credit (ERC) processing until December 31 has left many employers and business owners with questions and concerns. This decision comes in response to a surge of questionable ERC claims, which led to delays and increased…