IRS Announces Second Employee Retention Credit Voluntary Disclosure Program

By Kevin Spencer, Evan Walters and Sama Kaseer on September 10, 2024

On August 15, 2024, the Internal Revenue Service (IRS) released Announcement 2024-30, which provides a second Employee Retention Credit Voluntary Disclosure Program for employers to resolve erroneous claims. This program aims to help employers avoid civil litigation, penalties, and interest by settling their civil tax liabilities. It will run through November 22, 2024.

Tags: Announcement 2024-30, Employee Retention Credit Voluntary Disclosure Program, Internal Revenue Service, IRS

Kevin Spencer
Kevin Spencer focuses his practice on tax controversy issues. Kevin represents clients in complicated tax disputes in court and before the Internal Revenue Service (IRS) at the IRS Appeals and Examination divisions. In addition to his tax controversy practice, Kevin has broad experience advising clients on various tax issues, including tax accounting, employment and reasonable compensation, civil and criminal tax penalties, IRS procedures, reportable transactions and tax shelters, renewable energy, state and local tax, and private client matters. After earning his Master of Tax degree, Kevin had the privilege to clerk for the Honorable Robert P. Ruwe on the US Tax Court. Read Kevin Spencer's full bio.

Evan Walters
Evan Walters focuses his practice on US and international taxation. He has experience across a wide range of issues involving corporate and partnership taxation. Read Evan Walters' full bio.

Sama Kaseer
Sama Kaseer focuses her practice on US and international tax matters. Sama’s practice includes advising corporate and private clients on domestic and cross-border transactions. Read Sama Kaseer's full bio.

IRS Announces Second Employee Retention Credit Voluntary Disclosure Program

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