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The Latest Breaking News from ERC

Incorrect ERC? IRS Points to Five New Red Flags

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

Kiplinger

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…

Autosport

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

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IRS Restarts Processing of Some ERC Refunds: What to Know

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

Kiplinger

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.

International Business Times

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

The Guardian - UK

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…

Autosport

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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.

Fortune

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

The Guardian - US

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.

Top News

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

The Independent UK

Senegal’s remote Bassari people talk about climate change, and how their local knowledge is key to coping strategies

The Bassari people, a farming community of about 20,000 people, live in an area between Senegal and Guinea. During French colonial rule, the Bassari lost part of their communal land to a national park and were subjected to poll taxes and forced labour. Senegal achieved independence in 1960 and in…

The Conversation

What’s next for Catalonia after secessionists’ historic loss?

The seccesionists are down, but not out. And an amnesty law and government formation talks mean uncertainty is ahead.

Al Jazeera

Petter and Oliver Solberg to go head to head in ERC

Last week, 2003 world champion Petter Solberg announced plans to come out of retirement to contest the Royal Rally of Scandinavia (13-15 June), which will mark his first full rally since Wales Rally GB in 2019. Petter is set to drive a family-owned Volkswagen Polo, which he took to WRC2…

Motorsport

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Autosport

European Rally Championship set for Solberg head to head

The Guardian - UK

Catalan parties face coalition talks after socialists fall short of majority

Socialist leader Salvador Illa hails ‘new era’ while Carles Puigdemont vows to try to form minority government

The Guardian - UK

Separatist parties set to lose power in Catalan regional election, polls show

Socialist party PSC looks like the clear winner in Sunday’s vote, although it will fall some way short of achieving a majority

International Business Times

Spain PM's Socialists Eye Power Grab As Catalonia Votes

Spanish Prime Minister Pedro Sanchez's Socialists are hoping to show Catalonia has moved past its independence fixation by winning Sunday's regional vote and defeating separatist leader Carles Puigdemont.

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The Guardian - UK

Catalan election gives voters chance to leave ‘lost decade’, says Salvador Illa

Socialist frontrunner says region ready to unite, rather than focus on divisive politics that has plunged country into crisis

Kiplinger

What's Happening With the Employee Retention Credit and the IRS?

Due to fraud, the ERC has received much attention lately from the IRS and Congress.

International Business Times

Separatist Leader Puigdemont Eyes Return To Spain As Catalan Vote Looms

Catalan separatist leader Carles Puigdemont is to unveil Thursday his plans for Catalonia's snap May election, a move that could bring forward his return home after years of self-imposed exile.

The Guardian - UK

Catalan leader hails ‘new stage’ in quest for independence after amnesty vote

Pere Aragonès says amnesty validated his decision to pursue political negotiations with Pedro Sánchez

International Business Times

Spain MPs Pass Amnesty Law For Catalan Separatists

Spanish MPs on Thursday approved an amnesty law for Catalan separatists with their figurehead Carles Puigdemont already mulling his return after years of self-imposed exile to avoid prosecution over the 2017 independence bid.

Motorsport

Canary Islands to host WRC in 2025 in new two-year deal

First run in 1977, Rally Islas Canarias has been a mainstay on the European Rally Championship schedule since 2016. The asphalt rally will now move to the WRC calendar for 2025 and 2026, subject to World Motor Sport Council approval.

Kiplinger

What's Happening With the New Child Tax Credit?

The Senate hasn't passed the new child tax credit. Will it ever happen?

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