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Eric Hylton - 1 I'm - 1 Hylton - 1 you've - 1 there's - 1 It's - 1 Dean Zerbe - 1 Zerbe - 1
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☆ What to know as IRS kicks off withdrawal option for pandemic-era small business tax credit
  + stars: | 2023-10-23 | by ( Kate Dore | Cfp | ) www.cnbc.com   time to read: +2 min
The Good Brigade | Digitalvision | Getty ImagesThe IRS has announced a special withdrawal process for small businesses that wrongly claimed a pandemic-era tax break — and experts have tips for those who may be affected. Worth thousands per eligible employee, the ERC attracted a cottage industry of companies pressuring small businesses to amend payroll tax returns and wrongly claim the credit. The IRS on Thursday unveiled a withdrawal option for small businesses with pending ERC claims before facing repayment, interest and penalties. "This is a game-changer," said Eric Hylton, national director of compliance for Alliantgroup, a firm that has been reviewing ERC claims for other tax professionals. As of Oct. 11, the agency estimated a backlog of 849,000 Forms 941-X, which includes ERC claims.
Persons: Eric Hylton, I'm, Hylton, you've, there's, It's, Dean Zerbe, Zerbe Organizations: Brigade, IRS, ERC, Alliantgroup Locations: Worth, It's
☆ Premarket stocks: What happens if the debt ceiling and banking crisis collide?
  + stars: | 2023-05-15 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +7 min
New York CNN —President Joe Biden said over the weekend that debt ceiling negotiations were moving along and that talks between the White House and House Speaker Kevin McCarthy would resume on Tuesday. It may become more difficult to access credit, further exacerbating the challenges individuals and companies are already facing because of the banking crisis. Before the Bell: What do the ongoing debt ceiling negotiations mean to small and medium businesses? Do you think bank executives and members of the business community can put pressure on Congress and the White House to come to a deal? The White House has estimated more than 8 million jobs would get wiped out if there is a protracted default.
☆ 3D printing reaches new heights with two-story home
  + stars: | 2023-01-12 | by ( Evan Garcia | ) www.reuters.com   time to read: +2 min
[1/4] A 12-ton industrial 3-D printer is used to print concrete for the first 3-D-printed, two-story home under construction in Houston, Texas, U.S., January 3, 2023. REUTERS/Evan GarciaHOUSTON, Jan 12 (Reuters) - A 3D printer is taking home building to a new level — literally. The project is a two-year collaboration by Hannah, Peri 3D Construction and Cive, a construction engineering company. “Traditional construction, you know the rules, you know the game, you know the material properties, the material behavior. “The material is new, although concrete is an old material in general, but 3D printing concrete is something new.”Read more:Scientists chip away at how ancient Roman concrete stood test of timeReporting by Evan Garcia; Editing by Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.
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