학술논문
What kind of deduction is a hobby expense?
Document Type
Article
Author
Source
Journal of Accountancy; Mar2024, Vol. 237 Issue 3, p32-35, 4p
Subject
Language
ISSN
00218448
Abstract
The article discusses a recent Internal Revenue Service campaign to curb abuse in the pandemic-era Employee Retention Credit (ERC) by sending disallowance letters to over 20,000 taxpayers. Topics include the focus on preventing misuse of the ERC, the issuance of disallowance letters, and the broader efforts to address potential abuses in tax credits during the pandemic.