King Authors Bloomberg Tax Article on ERC Extension Requests

Taft Atlanta attorney Holland King authored the Bloomberg Tax article "Easier ERC Extension Requests Won't Resolve Taxpayer Dilemmas," published on May 12. In this piece, King explains that although the IRS has streamlined the process for businesses to request extensions when responding to Employee Retention Credit (ERC) audits, taxpayers continue to face significant challenges due to ongoing uncertainty around ERC eligibility, potential penalties, and dispute procedures.

To read the full article, click here.

King is a seasoned tax attorney with extensive experience in tax credit compliance, litigation, and advisory services across federal and state jurisdictions. He has represented a diverse clientele, including corporations, pass-through entities, and individuals, before the IRS and state taxing authorities. In his tax credit practice, King has helped clients with a wide variety of credits from federal statutory credits, including the Employee Retention Credit, Research and Development Credit, investment tax credits (Section 48 and 48E), Historic Rehabilitation Tax credits, and state tax incentives, including statutory and training credits, and negotiated incentives. In his state and local tax practice, King helps clients navigate income, franchise, and sales and use tax issues. He counsels clients on the applicability of state sales and use taxes to both their sales and purchases, the availability of exemptions, and procedures for claiming exemptions. Holland also represents clients in state sales and use tax audits, administrative appeals, and litigation.