New ERC Rules Put Business Owners and Tax Advisors on the Hook! - Palma Financial

Big changes are on the horizon that could impact your bottom line, and we want to ensure you’re prepared to navigate these shifts without losing a dime. Congress is deciding to make a game-changing move by pushing the ERC filing deadline to January 31 – just around the corner!

The proposed bill suggests a pretty hefty penalty for tax advisors and consultants who help businesses with an inaccurate ERC claim. The penalty would be either $200,000 or 75% of the revenue earned from giving advice and assistance – whichever is higher. 

But here’s the good news – we’re not part of the squad risking it all; we’re here to ensure your business stays on the right side of the tax track.

Don’t let your business become a casualty of these changes. Click below to book your free tax assessment and safeguard your business from unnecessary risks.

Book Your Free Tax Assessment