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The Latest Breaking News from ERC

WRC closing on long-term Italy commitment

Italy appears set to host a round of the World Rally Championship and European Rally Championship for the foreseeable future with plans for a long-term commitment in the works.

Motorsport

Italy set for long-term WRC contract renewal

Italy appears set to host a round of the World Rally Championship and European Rally Championship for the foreseeable future with plans for a long-term commitment in the works.

Autosport

Are Employee Retention Credit Refunds at Risk Under Trump's Tax Agenda?

Trump's new legislation will bar many small-to-mid-size businesses from claiming the pandemic-era ERC.

Kiplinger

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read the most diverse news in one place.

Homo sapiens regularly crossed the Pyrenees during the Ice Age – here’s what they took with them

A fine mist accompanies the clan as the sun rises and they begin their journey. There are 12 people in total, some of them adults, some children, and others so small that they have to travel on the backs of the women.

The Conversation

Europe wants to poach US academics in wake of Trump funding cuts. Can it entice them to move?

Europe is trying to woo American researchers threatened by Trump’s research cuts to this side of the Atlantic. But what will make them stay?

Euronews

Verstappen family takes double victory as Jos wins on ERC debut

News of Max Verstappen’s Formula 1 Japanese Grand Prix triumph was delivered to Jos Verstappen while sitting in a rally car en route to success in the European Rally Championship.

Motorsport

Bogus scientific papers are enriching fraudsters and slowing lifesaving medical research

Over the past decade, furtive commercial entities around the world have industrialized the production, sale and dissemination of bogus scholarly research. These paper mills are profiting by undermining the literature that everyone from doctors to engineers rely on to make decisions about human lives.

The Conversation

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Banco Sabadell to move HQ back to Catalonia

The boss of Spain's main business confederation, Antonio Garamendi, was optimistic that "everyone comes back home" in the wake of Sabadell—but a potential influx of company HQs back to Catalonia could take some time.

Fortune

Catalonia Eyes Reversal Of Business Exodus After Big Bank Returns

Spanish business circles believe banking giant Sabadell's decision to return its headquarters to Catalonia will entice back the thousands of firms that fled after the region's botched 2017 independence bid.

International Business Times

Wales retains ERC status in new look 2025 calendar

Wales has retained its place on the 2025 European Rally Championship calendar which will feature a brand new event in Spain next year.

Autosport

Croatia strikes new deal to rejoin WRC in 2026

Croatia will return to the World Rally Championship calendar in 2026 after securing a new multi-year agreement.

Autosport

IRS Sued for Millions Over Employee Retention Credit (ERC) Delays

The pandemic-era tax refunds for businesses have been a contention point for the agency, now employers are fighting for their cash.

Kiplinger

Barclays delayed porting our mortgage but we still have to pay £13,000

We were in danger of our chain collapsing as it took so long over the paperwork and we had to find an alternative

The Guardian - UK

Catalonia To Mark Holiday With Separatist Movement Waning

Catalan independence supporters are set to mark the Spanish region's commemorative day on Wednesday with separatists deeply divided and out of office in Catalonia for the first time in over a decade.

International Business Times

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Kiplinger

Incorrect ERC? IRS Points to Five New Red Flags

These signs could mean there’s an error in your Employee Retention Credit claim.

Autosport

The volunteer mission that helped bring international rallying back to Britain

Ever since Wales Rally GB dropped off the World Rally Championship calendar in 2020, the UK rally scene has been bereft of a global event. But the wait is finally over as this weekend marks the return of international-level rallying in Britain with the European Rally Championship hosting its penultimate…

Kiplinger

IRS Urges Employers to Participate in ERC Voluntary Disclosure Program

Businesses can fix ERC claims with the IRS at a lower cost, but only for a limited time.

Kiplinger

IRS Restarts Processing of Some ERC Refunds: What to Know

Some businesses may receive employee retention tax credit payments as early as September.

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news in one place.

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International Business Times

Fugitive Catalan Ex-leader Puigdemont Back In Spain Despite Arrest Warrant

Carles Puigdemont, the former leader of Catalonia who fled Spain over his role in a failed 2017 independence bid for the wealthy region, returned to Spain on Thursday after seven years on the run despite a pending arrest warrant.

The Guardian - UK

Carles Puigdemont vows to return to Spain in headache for ruling coalition

Fugitive Catalan separatist leader risks arrest if he keeps to his word on Thursday after seven years in exile

Autosport

Rally Di Roma outlines project to secure WRC

Rally di Roma Capitale has its sights set on joining the World Rally Championship in the future with organisers “working hard” to elevate the event to rallying’s top-flight.The Italian asphalt rally, that begins in the nation’s capital city Rome, has been steadily growing in stature having earned a place on…

Fortune

The IRS is right to scrutinize pandemic-era employee retention credit claims—but legitimate filers can’t afford more delays

The IRS has closely examined ERC claims in backlog and determined that 10-20% were low-risk, 60-70% had unacceptable risk, and 10-20% had high risk.

The Guardian - US

Protein bars made by No Cow contain lead and toxic PFAS, lawsuit alleges

Environmental Research Center, a consumer protection non-profit, says it found ‘forever chemicals’ in eight flavors

Top News

IRS Finds Majority Of Employee Retention Credit Claims Improper

IRS review finds majority of Employee Retention Credit claims at risk of being improper due to fraud, with billions expected to be denied.

The Independent UK

IRS says 'vast majority' of 1 million pandemic-era credit claims show a risk of being improper

The Internal Revenue Service said Thursday a review of 1 million claims for the Employee Retention Credit representing $86 billion shows the “vast majority” are at risk of being improper

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