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Guiding You Forward | March 2023
IRS Releases Second ERC Fraud Warning
The Internal Revenue Service (IRS) has released a second warning regarding third-party consultants taking improper positions for taxpayer eligibility on the Employee Retention Credit (ERC). Read to learn more:
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Cherry Bekaert, ranked among the largest assurance, tax and advisory firms in the U.S., serves clients across industries in all 50 U.S. states and internationally. “Cherry Bekaert” is the brand name under which Cherry Bekaert LLP and Cherry Bekaert Advisory LLC, independently owned entities, provide professional services in an alternative practice structure in accordance with applicable professional standards. Cherry Bekaert LLP is a licensed CPA firm that provides attest services, and Cherry Bekaert Advisory LLC and its subsidiary entities provide business advisory and non-attest services spanning the areas of transaction advisory, risk and accounting advisory, digital solutions, cybersecurity, tax, benefits consulting, and wealth management. We exercise a deliberate curiosity to know our clients’ industries and work collaboratively to create shared success. For more details, visit cbh.com/disclosure.
Cherry Bekaert LLP and Cherry Bekaert Advisory LLC are members of Allinial Global, an accountancy and business advisory global association. Allinial Global connects its members to other Certified Public Accounting firms, Chartered Professional Accountants, and consulting firms worldwide, fostering the independence, profitability, and continuous improvement of its members. | To learn more about Cherry Bekaert, visit cbh.com.
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