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	<title>Blog &#8211; Poojas Art Therapy</title>
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		<title>Why Walmart is trouncing Amazon in the grocery wars</title>
		<link>https://poojasarttherapy.com/2023/06/22/why-walmart-is-trouncing-amazon-in-the-grocery-wars/</link>
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		<dc:creator><![CDATA[poojasarttherapy]]></dc:creator>
		<pubDate>Thu, 22 Jun 2023 04:02:15 +0000</pubDate>
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					<description><![CDATA[Have realistic expectations When amazon announced the $13.7bn acquisition of Whole Foods Market in 2017, it came after some oddball attempts to strengthen its grocery business, some conceived by Jeff Bezos himself. One was to develop an “ice-cream truck for adults”, driving into neighbourhoods [&#8230;]]]></description>
										<content:encoded><![CDATA[<h5>Have realistic expectations</h5>
<p data-caps="initial">W<small>hen amazon</small> announced the $13.7bn acquisition of Whole Foods Market in 2017, it came after some oddball attempts to strengthen its grocery business, some conceived by Jeff Bezos himself. One was to develop an “ice-cream truck for adults”, driving into neighbourhoods with lights flashing and horns honking, to sell porterhouse steaks, Shigoku oysters, Nintendo games and other goodies. It was quietly shelved. Another was to create a product so unique that only Amazon could supply it. The answer was the “single-cow burger”, a Wagyu beef patty made from the meat of one animal. You can still find them on its website—though they are now permanently out of stock.</p>
<p>Amazon’s purchase of Whole Foods signalled it would take a more conventional approach to the supermarket business. That is probably why, when the deal was announced, Amazon’s share price soared and those of its rivals, such as Walmart, fell. But since then Amazon has treated grocery more like a science experiment than an exercise in seduction, with weak results at Whole Foods and in other formats. Its best-known addition to the retail experience is the “just walk out” technology in physical stores, equivalent to its one-click shopping online. Yet cashierless supermarkets sound like something more beloved of geeks than grocers. What may cut down on time-wasting queues also minimises what some people love about shopping: the human interaction at the till, the hunter-gatherer instinct as they jostle at the meat counter, the Columbian exchange between fellow foodies at the spice rack.</p>
<p><img fetchpriority="high" decoding="async" class="alignnone wp-image-14867 size-full" src="https://wwwitsolutions.com/poojasarttherapy.com/wp-content/uploads/2024/02/blog-new-3.jpg" alt="" width="850" height="446" srcset="https://poojasarttherapy.com/wp-content/uploads/2024/02/blog-new-3.jpg 850w, https://poojasarttherapy.com/wp-content/uploads/2024/02/blog-new-3-600x315.jpg 600w, https://poojasarttherapy.com/wp-content/uploads/2024/02/blog-new-3-300x157.jpg 300w, https://poojasarttherapy.com/wp-content/uploads/2024/02/blog-new-3-768x403.jpg 768w" sizes="(max-width: 850px) 100vw, 850px" /></p>
<p>Varius tellus justo odio parturient mauris curabitur lorem in. Pulvinar sit ultrices mi ut eleifend luctus ut. Id sed faucibus bibendum augue id cras purus. At eget euismod cursus non.</p>
<h5>Cristiano Reus</h5>
<p>Lorem ipsum dolor sit amet, consectetur adipiscing elit. Cras facilisis faucibus odio arcu duis dui, adipiscing facilisis. Urna, donec turpis egestas volutpat. Quisque nec non amet quis. Varius tellus justo odio parturient mauris curabitur lorem in. Pulvinar sit ultrices mi ut eleifend luctus ut. Id sed faucibus bibendum augue id cras purus. At eget euismod cursus non. Molestie dignissim sed volutpat feugiat vel enim eu turpis imperdiet.</p>
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		<title>Banking startup started Elon Musk&#8217;s passion for the letter X</title>
		<link>https://poojasarttherapy.com/2023/06/20/banking-startup-started-elon-musks-passion-for-the-letter-x/</link>
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		<dc:creator><![CDATA[poojasarttherapy]]></dc:creator>
		<pubDate>Tue, 20 Jun 2023 10:12:20 +0000</pubDate>
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					<description><![CDATA[Elon Musk has been pushing the X brand since before the turn of the century, starting with online banking site X.com in 1999. Musk has been open about his love of the letter X for a long time. Many people [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>Elon Musk has been pushing the X brand since before the turn of the century, starting with online banking site X.com in 1999.</p>
<p>Musk has been open about his love of the letter X for a long time. Many people are only becoming aware of it now that he’s folded one of the largest social media sites on the internet into his X plans.</p>
<p>Here’s the timeline of his love for the letter.</p>
<p>n 1999, Musk and three other cofounders launched X.com.</p>
<p>It was an online bank that merged with a competitor, Confinity, in 2000. That same year, Musk was voted out as CEO, replaced by Peter Thiel.</p>
<p>Musk founded the Space Exploration Technologies Corporation, otherwise known as SpaceX, in 20o2</p>
<p>Fast-forward to 2015, Elon Musk’s car company Tesla introduced the Model X, a midsize electric SUV.</p>
<p>And later, in 2017, Musk buys back the X.com domain from his PayPal days.</p>
<p>The entreprenuer planted the seed for what would eventually be Twitter’s replacement.</p>
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		<title>Expert advice: Should you spend 25% of your income on investing in stocks?</title>
		<link>https://poojasarttherapy.com/2023/06/20/expert-advice-should-you-spend-25-of-your-income-on-investing-in-stocks/</link>
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		<dc:creator><![CDATA[poojasarttherapy]]></dc:creator>
		<pubDate>Tue, 20 Jun 2023 04:11:51 +0000</pubDate>
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					<description><![CDATA[In an interview with ETMarkets, Bhave, who has over 25 years of experience across the financial services industry in India, UAE, and Vietnam, said: “We believe that a few midcap companies with strong management and robust business models will potentially [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>In an interview with ETMarkets, Bhave, who has over 25 years of experience across the financial services industry in India, UAE, and Vietnam, said: “We believe that a few midcap companies with strong management and robust business models will potentially become large caps over the next 3-5 years” Edited excerpts:<strong>India has turned out to be the bright spot in the global arena. </strong></p>
<p><strong>How do you see markets in the medium term?<br />
</strong>India&#8217;s long-term structural growth story remains intact, and this is the main reason why domestic equity markets have outperformed their larger global counterparts since the beginning of this year.</p>
<p>Even after global concerns like elevated inflation, hawkish central bank policies, and geopolitical turmoil, several domestic companies are around their 52-week highs. The same is true of the benchmark indices too.</p>
<p>This happened on the back of the revival of FII inflows and continued domestic inflows in the form of retail participation through mutual fund SIPs, EPFO and NPS investments coupled with strong HNI participation.</p>
<p>This positive momentum has been built up due to fundamental economic reasons like the resilience of domestic demand, early signs of a slowdown in inflation, strong credit growth, healthier bank balance sheets, and the government’s strong initiatives on manufacturing and infrastructure spending. India is expected to have the fastest GDP growth among the world&#8217;s major economies. As always, it is difficult to predict short-term market moves, and the market is likely to move further northwards in the medium term.</p>
<div data-size="[[300, 250], [600, 250], [600, 300]]">
<p>Getting a robust process for stock selection along with a detailed checklist is the best way to navigate the complexity and difficulty of picking up likely future wealth creators.</p>
<p>a)The first and foremost filter must be competent and ethical management and saying a strict ‘NO’ to businesses with accounting and governance issues.</p>
<p>b)The next filter would be to select businesses with strong competitive advantages and exhibiting high and consistent growth in earnings over a sustained p ..</p>
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		<title>Savings interest rate is less than 8% a year</title>
		<link>https://poojasarttherapy.com/2023/06/20/savings-interest-rate-is-less-than-8-a-year/</link>
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		<dc:creator><![CDATA[poojasarttherapy]]></dc:creator>
		<pubDate>Tue, 20 Jun 2023 04:11:18 +0000</pubDate>
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					<description><![CDATA[Depending on the account balance, savings account interest rates will vary. Here are banks offering savings account interest rates between 7%-8% depending on the account balance.A savings account is a deposit account in a bank or other financial institution that [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>Depending on the account balance, savings account interest rates will vary. Here are banks offering savings account interest rates between 7%-8% depending on the account balance.A savings account is a deposit account in a bank or other financial institution that provides the account holder with a high level of liquidity, security of money, and a fixed rate of interest.</p>
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<section id="https://economictimes.indiatimes.com/wealth/save/6-banks-offering-up-to-7-interest-rate-on-savings-accounts/savings-account/slideshow/101727132.cms" class="flt slides csDone" data-key100="" data-msid="101727132" data-seo="wealth/save/6-banks-offering-up-to-7-interest-rate-on-savings-accounts/savings-account" data-slideno="1" data-totalslides="8" data-title="Savings account">
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<h2 class="" data-msid="101727132">Savings account</h2>
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<p class="s_des">Depending on the account balance, savings account interest rates will vary. Here are banks offering savings account interest rates between 7%-8% depending on the account balance.</p>
<p>A savings account is a deposit account in a bank or other financial institution that provides the account holder with a high level of liquidity, security of money, and a fixed rate of interest.</p>
<div class="imgCourtesy">Getty Images</div>
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<section id="https://economictimes.indiatimes.com/wealth/save/6-banks-offering-up-to-7-interest-rate-on-savings-accounts/dcb-bank-savings-account-interest-rate/slideshow/101727133.cms" class="flt slides csDone" data-adref="1" data-msid="101727133" data-seo="wealth/save/6-banks-offering-up-to-7-interest-rate-on-savings-accounts/dcb-bank-savings-account-interest-rate" data-slideno="2" data-totalslides="8" data-title="DCB Bank savings account interest rate">
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<p class="s_des">DCB Bank offers up to 8% interest on savings accounts with balances ranging from 10 crore to less than 2 crore. The bank pays 7.25% interest on savings account balances ranging from 50 lakh to less than 2 crores, and 7% on balances ranging from 5 crore to less than 10 crores</p>
<p>DFC FIRST Bank offers interest rate up to 7% on balances more than Rs 10lac to less than Rs 5 crore. The new rates are effective from July 1, 2023</p>
<p>Suryoday Small Finance Bank pays the highest interest rate of 7.00% on savings account balances ranging from Rs 5 lakh to Rs 2 crore, and 6.75% on balances ranging from Rs 1 lakh to Rs 5 lakh</p>
<p>EASAF Small Finance Bank offers interest up to 7.5 percent on savings accounts on balances from 10 crore to less than 2 crores. The bank offers 7.25% interest on savings account balance from 50 lakh to less than 2 Crore in the account and 7% on balances from 5 crore to less than 10 crores in the account</p>
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		<title>Human resource development strategy versed in current management trends</title>
		<link>https://poojasarttherapy.com/2023/06/20/human-resource-development-strategy/</link>
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		<dc:creator><![CDATA[poojasarttherapy]]></dc:creator>
		<pubDate>Tue, 20 Jun 2023 04:09:22 +0000</pubDate>
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					<description><![CDATA[The human resources department of a company must be well versed in current management trends, and stay up to date in terms of emergent strategic orientations. The process of human resource development is based on which executives, managers, or employees [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>The human resources department of a company must be well versed in current management trends, and stay up to date in terms of emergent strategic orientations. The process of human resource development is based on which executives, managers, or employees conduct daily activities and maintain a level of enthusiasm among the workforce.</p>
<p>A strategy is the long-term planning that is developed and implemented by top management. These plans are used to seize opportunities and allocate resources. It includes plans to create new products, to acquire other companies, to sell unprofitable aspects of the business, to make shares available, and to enter international markets.</p>
<p>A strategic training process is also used to train executives, managers, and employees. Training prepares personnel for the dynamics of performance that arise in human behavior. It is done through training seminars, events, and programs</p>
<p>Strategic human resource development has multiple benefits, including:</p>
<ul>
<li>Increasing extrinsic and intrinsic job satisfaction</li>
<li>Boosted customer satisfaction</li>
<li>Effective and efficient use of resources</li>
<li>Development of a working environment</li>
<li>Making human resource development activities proactive and impactful</li>
<li>Equipping human resources to apply theoretical knowledge practically</li>
<li>Increasing productivity</li>
</ul>
<h3>How to Develop Your own Effective Strategy</h3>
<p><strong>Step 1: Know your company inside and out</strong></p>
<p>Before crafting your strategy, know your organization thoroughly. Understand the organization’s goals, current positions, current workforce, and workforce strengths. Ask yourself: “Can your organization’s internal capabilities deliver on its business goals?” To understand the organizational hierarchy and structure, talk to your employees and find out if they are motivated and/or if they have challenges.</p>
<p><strong>Step 2: Craft your HR strategy</strong></p>
<p>Once you have identified potential threats and opportunities, it is time to develop a strategy. The strategy should be simple, yet include all aspects of human resources development. It should also be communicated to individuals from other departments who must be involved in implementing the strategy.</p>
<p><strong>Step 3: Resource analysis</strong></p>
<p>Implementation of most HR strategies require a considerate amount of resources. It is important that you evaluate the company’s current and required monetary and logistic resources. Match the two and check for deviations. If there is a lack of resources, analyze ways to obtain funding.</p>
<p><strong>Step 4: Implementation</strong></p>
<p>Having the resources and having a perfect strategy would not be worth it if action is not taken. Implementation is the most important part of a developing a human resources strategy. Putting your plans into action and seeing the process through to completion is essential.</p>
<p><strong>Step 5: Follow up</strong></p>
<p>Once you start putting your strategy into action, keep track of the progress. Check for changes to be made along the way. Once you notice any change in performance, or deviation from the plan, identify the root cause of the issue and ensure it gets correctly in a timely fashion.</p>
<p><strong>Step 6: Corrective Action</strong></p>
<p>Identifying the cause is not enough; you need to take corrective action. Create a backup plan to ensure that performance results are back on track with the original strategy. In some cases, a modified strategy may be necessary to reach the desired goal.</p>
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		<title>Next-generation Googles run a tighter ship</title>
		<link>https://poojasarttherapy.com/2023/06/18/seo-from-media/</link>
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		<dc:creator><![CDATA[poojasarttherapy]]></dc:creator>
		<pubDate>Sun, 18 Jun 2023 09:14:29 +0000</pubDate>
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					<description><![CDATA[Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry&#8217;s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry&#8217;s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.</p>
<p>It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.</p>
<p>It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using &#8216;Content here, content here&#8217;, making it look like readable English.</p>
<p>Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for &#8216;lorem ipsum&#8217; will uncover many web sites still in their infancy. Various versions have evolved over the years, sometimes by accident, sometimes on purpose (injected humour and the like).</p>
<p>There are many variations of passages of Lorem Ipsum available, but the majority have suffered alteration in some form, by injected humour, or randomised words which don&#8217;t look even slightly believable.</p>
<p>If you are going to use a passage of Lorem Ipsum, you need to be sure there isn&#8217;t anything embarrassing hidden in the middle of text. All the Lorem Ipsum generators on the Internet tend to repeat predefined chunks as necessary, making this the first true generator on the Internet.</p>
<p>It uses a dictionary of over 200 Latin words, combined with a handful of model sentence structures, to generate Lorem Ipsum which looks reasonable. The generated Lorem Ipsum is therefore always free from repetition, injected humour, or non-characteristic words etc.</p>
<p>The standard chunk of Lorem Ipsum used since the 1500s is reproduced below for those interested. Sections 1.10.32 and 1.10.33 from &#8220;de Finibus Bonorum et Malorum&#8221; by Cicero are also reproduced in their exact original form, accompanied by English versions from the 1914 translation by H. Rackham.</p>
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		<title>Coca-Cola says it’s done raising prices in the U.S. and Europe this year</title>
		<link>https://poojasarttherapy.com/2022/05/25/coca-cola-says-its-done-raising-prices-in-the-u-s-and-europe-this-year/</link>
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		<pubDate>Wed, 25 May 2022 03:58:44 +0000</pubDate>
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					<description><![CDATA[For has been raising prices on its drinks to combat higher costs. But the company said Wednesday it’s done hiking prices this year in developed markets like the U.S. and Europe. Coke follows the lead of rival which said in February [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>For has been raising prices on its drinks to combat higher costs. But the company said Wednesday it’s done hiking prices this year in developed markets like the U.S. and Europe.</p>
<p>Coke follows the lead of rival <span id="RegularArticle-QuoteInBody-3" class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody"></span>which said in February it wouldn’t raise prices beyond its usual hike for beverages in the fourth quarter. Both companies have reported strong sales growth thanks to higher prices, but consumer demand has weakened, although not as much as expected.</p>
<p>Coke’s prices were up 10% in the second quarter compared with the year-ago period.</p>
<p>Customers in the U.S. and Europe are switching to private label bottled water and juices, Coke CEO James Quincey said Wednesday on the company’s conference call. The company reported that U.S. unit case volume fell 1% in the second quarter.</p>
<p>“Across the sector, consumers are increasingly cost conscientious. They are looking for value and stocking up on items on sale,” Quincey said.</p>
<p>Coke plans to keep raising prices in line with inflation in developing markets like Latin America.</p>
<p>Pepsi has seen even steeper declines in demand than Coke. The Frito-Lay owner reported that its North American beverage volume tumbled 4.5% in the second quarter. Its Quaker Foods North America unit’s volume fell 5%. Frito-Lay North America was the only bright spot, reporting 1% volume growth, thanks to consumers’ enduring snack habits.</p>
<p>If you are going to use a passage of Lorem Ipsum, you need to be sure there isn&#8217;t anything embarrassing hidden in the middle of text. All the Lorem Ipsum generators on the Internet tend to repeat predefined chunks as necessary, making this the first true generator on the Internet.</p>
<p>It uses a dictionary of over 200 Latin words, combined with a handful of model sentence structures, to generate Lorem Ipsum which looks reasonable. The generated Lorem Ipsum is therefore always free from repetition, injected humour, or non-characteristic words etc.</p>
<p>The standard chunk of Lorem Ipsum used since the 1500s is reproduced below for those interested. Sections 1.10.32 and 1.10.33 from &#8220;de Finibus Bonorum et Malorum&#8221; by Cicero are also reproduced in their exact original form, accompanied by English versions from the 1914 translation by H. Rackham.</p>
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		<title>Franchising industry holds its breath as FTC takes a closer look at regulations</title>
		<link>https://poojasarttherapy.com/2022/05/23/franchising-industry-holds-its-breath-as-ftc-takes-a-closer-look-at-regulations/</link>
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		<dc:creator><![CDATA[poojasarttherapy]]></dc:creator>
		<pubDate>Mon, 23 May 2022 04:00:44 +0000</pubDate>
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					<description><![CDATA[Last month, the Federal Trade Commission wrapped up a public comment period in response to its request for information on the sector and its business practices. The agency sought input from stakeholders, including franchise operators, workers and parent corporations, as it [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>Last month, the Federal Trade Commission wrapped up a public comment period in response to its request for information on the sector and its business practices. The agency sought input from stakeholders, including franchise<strong> </strong>operators, workers and parent corporations, as it scrutinizes franchising practices.</p>
<p>It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.</p>
<p>The move suggested the FTC is potentially considering closer regulation of the sector — with big implications for some of the largest restaurant and hospitality companies in the U.S. and their employees. The agency declined to comment on any potential changes or when they could come.</p>
<p>Now the industry awaits an outcome.</p>
<p>The FTC told CNBC it received more than 5,500 comments on the inquiry, indicating “broad interest in ensuring fairness in franchising.”</p>
<p>It uses a dictionary of over 200 Latin words, combined with a handful of model sentence structures, to generate Lorem Ipsum which looks reasonable. The generated Lorem Ipsum is therefore always free from repetition, injected humour, or non-characteristic words etc.</p>
<p>The standard chunk of Lorem Ipsum used since the 1500s is reproduced below for those interested. Sections 1.10.32 and 1.10.33 from &#8220;de Finibus Bonorum et Malorum&#8221; by Cicero are also reproduced in their exact original form, accompanied by English versions from the 1914 translation by H. Rackham.</p>
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		<title>Main Street’s labor problem is weighing on businesses as summer hiring picks up</title>
		<link>https://poojasarttherapy.com/2022/05/17/main-streets-labor-problem-is-weighing-on-businesses-as-summer-hiring-picks-up/</link>
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		<dc:creator><![CDATA[poojasarttherapy]]></dc:creator>
		<pubDate>Tue, 17 May 2022 03:59:18 +0000</pubDate>
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					<description><![CDATA[As summer arrives, Alison Schuch, owner of Fells Point Surf Co., is down about 10 workers at her two beach retail locations as a perfect storm of reasons drives a post-pandemic hiring crunch. A lack of affordable summer housing, scant [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>As summer arrives, Alison Schuch, owner of Fells Point Surf Co., is down about 10 workers at her two beach retail locations as a perfect storm of reasons drives a post-pandemic hiring crunch.</p>
<p>A lack of affordable summer housing, scant child-care availability, inflation and the rebalancing of work and life in recent years have combined to make the applicant pool different from what it once was.</p>
<p>“It’s just been hard to kind of balance the expectations of the team and the needs of the business and the needs on both sides,” Schuch said, “and then also the expectations of the customers — because, you know, having to close early because we don’t have enough people.”</p>
<p>“Customers want what they want. Convenience has become a huge important factor, because you can go online and get anything you want,” said Schuch, who has Fell’s Point Surf Co. stores in the Fells Point area of Baltimore, Maryland, and Dewey Beach, Delaware, as well as sister store Tangerine Goods in Bethany Beach, Delaware.</p>
<p>With summer hiring season in full swing, small business owners such as Schuch have lingering concerns about filling roles to meet consumer demand. Labor quality was the most important problem for nearly a quarter of National Federation of Independent Business, or NFIB, members surveyed in May, according to the small business advocacy organization.</p>
<p>Labor quality has fluctuated between being the No. 1 and the No. 2 most important issue for NFIB members in recent months. The sectors where businesses are feeling the labor shortage<strong> </strong>most acutely include construction, transportation and manufacturing, but retail and restaurant owners are also reporting challenges.</p>
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		<title>IRS weighing guidance for small business tax credit, taxpayer advocate says</title>
		<link>https://poojasarttherapy.com/2022/05/07/irs-weighing-guidance-for-small-business-tax-credit-taxpayer-advocate-says/</link>
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		<dc:creator><![CDATA[poojasarttherapy]]></dc:creator>
		<pubDate>Sat, 07 May 2022 04:05:12 +0000</pubDate>
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					<description><![CDATA[After a flood of business returns with a pandemic-era tax credit, the IRS is weighing guidance for those who wrongly claimed the tax break. The employee retention credit was created to support small businesses during the Covid-19 pandemic. There’s still time to [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>After a flood of business returns with a pandemic-era tax credit, the IRS is weighing guidance for those who wrongly claimed the tax break.</p>
<p>The employee retention credit was created to support small businesses during the Covid-19 pandemic. There’s still time to amend returns and claim the credit, which is worth up to $5,000 per employee for 2020 or $28,000 per employee in 2021.</p>
<p>Experts say the opportunity has sparked a wave of specialist firms falsely promising business owners they qualify for the complicated tax break.</p>
<p>“I do think people were duped,” said National Taxpayer Advocate Erin Collins, speaking at the American Institute of Certified Public Accountants’ annual conference this month. People claimed the credit and may have already received a refund, she added.</p>
<p><strong>More from Personal Finance:</strong><br />
Firms ‘bombarding’ small businesses with ads for Covid-era tax credits<br />
IRS still has a sizable backlog of returns despite improvements<br />
This one-time strategy can waive IRS tax penalties</p>
<p>The IRS warned business owners about “third parties” promoting the employee retention credit in October and recently renewed its warning by adding the issue to its annual list of Dirty Dozen tax scams for 2023.</p>
<p>As of March 3, just over 866,000 companies claimed and received employee retention credits totaling over $152.6 billion, according to the latest IRS Data Book.</p>
<p>The standard chunk of Lorem Ipsum used since the 1500s is reproduced below for those interested. Sections 1.10.32 and 1.10.33 from &#8220;de Finibus Bonorum et Malorum&#8221; by Cicero are also reproduced in their exact original form, accompanied by English versions from the 1914 translation by H. Rackham.</p>
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