Write For Us

‘Modern Day Gold Rush:’ How This Tax Break Launched a Sales Army | WSJ

Sponsored Post Vitamin D2 Canada Persia
187 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

ava
Published
Unbeknownst to many Americans, a modern day “gold rush” is underway to take advantage of an obscure pandemic era tax rebate. One of the biggest players in this employee-retention tax credit is Bottom Line Concepts, a consulting firm that could receive more than $1 billion in fees. Founder and CEO Josh Fox has teamed up with “Shark Tank” investor Kevin O’Leary for advertising to help get thousands of small businesses and nonprofits billions of dollars in tax breaks.

WSJ breaks down the details behind ERC credits and explores whether this “gold rush” is too good to be true.

0:00 Josh Fox’s empire
1:04 ERC background
2:58 BottomLine Concepts and the sales army
7:08 Fraud

News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.

#SmallBusiness #IRS #WSJ
Category
Television
Tags
ERC, josh fox, tax break
Sign in or sign up to post comments.
Be the first to comment