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ERC 2024: The Partial Suspension Test – ERC REVIEW and AUDIT DEFENSE

by Dave Horwedel, EA The Employee Retention Credit is in the news with the IRS sending out thousands and thousands of IRS Audit (aka Examination) Letters and offering a discount if you voluntarily withdraw your ERC .  To understand what to do with your ERC, you need to understand the ERC “partial suspension” test. If […]

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ERC 2024: The Gross Receipts Test – ERC REVIEW and AUDIT DEFENSE

by Dave Horwedel, EA It would seem by reading IRS announcements that ERC Law has changed or that the IRS has recanted on their earlier IRS Guidance. This is not true. Nothing has changed except the IRS has taken on a much sterner tone and is asking those who falsely claimed the ERC to voluntarily […]

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The Story of Torchlight Tax

Hi. This is Dave Horwedel. I am an Enrolled Agent, EA, the highest federal tax credential, and the founder of Torchlight and Guard Dog Tax. I would like to introduce you to my firm. I apprenticed at another EA/CPA firm before starting my own practice in 2015 in Las Vegas. I started my firm working […]

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Is the ERC Cancelled?

by Dave Horwedel, EA No. The ERC is not cancelled for those who submitted on or before 12/31/2023.  The IRS has paid or is still processing these ERC claims. Are new claims being accepted?   Proposed legislation ends acceptance of new ERC claims as of 12/31/2023, if the House and Senate agree, and it is signed […]

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Should I Withdraw My ERC???

The IRS is offering a voluntary program that allows you to withdraw your Employee Retention Credit (ERC) if you have already received it, and “only” pay back 80% of what you received. Is this a smart move?  Should you withdraw your ERC? Before you withdraw your ERC, or not, you should carefully review the impact […]

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Our Complete ERC Process

At Torchlight Tax, the steps in ERC application and delivery are seven-fold.

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How Does the ERC “Partial Shutdown” Test Work?

If you do not qualify for the ERC by the Gross Receipts Test, there is a second independent test that you take.

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The Biggest Misconception about the ERC

There is a common misunderstanding among taxpayers and inadequately trained tax professionals. They think the IRS gives…


Employee Retention Credit for Plumbing and HVAC Firms – Do you Qualify or Not?

Getting an ERC, if you truly  qualify, can be a huge boon for you and your business. There can be a lot of money involved.


Employee Retention Credit for Construction and Real Estate Development Firms-Do you Qualify or Not???

Getting an ERC, if you truly qualify, can be a huge boon for you and your business. There can be a lot of money involved here.

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The Definitive Guide to the Employee Retention Credit

This article shows the employer how he can ensure his employee retention credit submission is correctly done.

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Get Ready for Your COVID-19 IRS Audit

Just like in the castles of old, you wanted your castle ready before the enemy …

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IRS Warning on the Employee Retention Credit

The IRS has issued a warning about improper Employee Retention Credit…


Employee Retention Credit: Benefits versus Risk.

There is a lot of false data out there about the Employee Retention Credit…

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