abctax55
Level 15
07-14-2023
12:28 PM
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Perhaps ?
I would insist on the amending, & probably disengage if the client refused. And if the entity that received the ERC is a partnership/S-Corp there should also amended returns for the partners/shareholders.
The IRS did issue a notice that the penalties & interest could be waived on the tax due on these amended downstream returns - I don't remember the specifics.
HumanKind... Be Both