Small business is the heart of the American economy.  According to the Small Business Administration, small businesses account for 99.9% of the total number of businesses in the country and employ 47.1 % of the total US workforce.

Unfortunately, small businesses are also a favorite target of the IRS.  Our incredibly complex and ever changing tax code makes it very difficult if not impossible for small businesses to stay on the right side of the IRS.  This week, the FAIRtax Guys look at a CNBC article about how the Employee Retention Credit is causing headaches for a significant number of small businesses.