Sagemont Advisors brings a leadership team of former “Big 4” firms and top consulting professionals that are credentialed and tenured, with decades of experience in both advising taxpayers on complex tax transactions and tax credits, as well as representing clients in front of the IRS.
Maxwell Burns recently led a webinar on the Work Opportunity Tax Credit (WOTC), hosted by Sagemont Advisors. Participants delved into the…
In the ever-evolving landscape of tax credits and incentives, one program stands out for its dual impact on both businesses…
What is the status of the legislation that seeks to terminate the ERC? On January 31, 2024, the House of…
Following the Internal Revenue Service Moratorium announced in September 2023, Employee Retention Credit (ERC) refund processing has appeared to be…
In today’s climate, the Employee Retention Credit (ERC) has become a subject of persistent scrutiny due to the prevalence of fraudulent claims…
In the wake of what is likely the end of the Employee Retention Credit (ERC) program as we know it,…
Quietly tucked into an already-forgotten bill passed in 2020 is one the most paradigm-shifting pieces of legislation relevant to both…
In today’s climate, the Employee Retention Credit (ERC), a refundable tax credit from the Internal Revenue Service (IRS), stands as…
In 2022, the Internal Revenue Service (“IRS”) publicly released a Training Manual intended to serve as reference material for IRS…
On September 14th the Internal Revenue Service (“IRS”) announced a moratorium on the processing of Employee Retention Credit (“ERC”) claims…
In launching Sagemont Advisors, CEO Kenneth (“Kenny”) Dettman knew he had to plan ahead to pivot and expand service offerings…
1. Will claiming the Employee Retention Credit create taxable income (or reduce a loss)? Yes. IRS Notice 2021-20 provides that…
