The Internal Revenue Service said Thursday a review of 1 million claims for the Employee Retention Credit representing $86 billion shows the “vast majority” are at risk of being improper.
Any companies that make their money helping other people get government benefits, are usually sleazy and to be avoided.
So it looks like it wasn’t a bunch of widespread individual fraud, but a bunch of sleazy companies popped up selling the “service” of helping companies qualify for these benefits, and basically committed fraud on the small businesses behalf, telling them and the government that said business qualified for these benefits.
Whenever something shitty happens, there is always a sleaze bag there, makin’ money.
I’ve also known some sleaze bag business owners who seek these kinds of services because they want to find a way to take advantage of programs n things they don’t actually qualify for.
Any companies that make their money helping other people get government benefits, are usually sleazy and to be avoided.
So it looks like it wasn’t a bunch of widespread individual fraud, but a bunch of sleazy companies popped up selling the “service” of helping companies qualify for these benefits, and basically committed fraud on the small businesses behalf, telling them and the government that said business qualified for these benefits.
Whenever something shitty happens, there is always a sleaze bag there, makin’ money.
I’ve also known some sleaze bag business owners who seek these kinds of services because they want to find a way to take advantage of programs n things they don’t actually qualify for.