I'm trying to understand who is eligible for ERC funds. I want to know the specific qualifications or criteria that an individual or business must meet in order to receive these funds.
5 answers
Giulia
Tue Nov 12 2024
Additionally, businesses that experienced a notable decline in gross receipts during the pandemic are also considered.
BonsaiBeauty
Tue Nov 12 2024
The eligibility criteria and calculation methods for the ERC differ for the calendar years 2020 and 2021.
CryptoMaven
Tue Nov 12 2024
The ERC is designed for trades or businesses that have faced operational disruptions.
Maria
Tue Nov 12 2024
For the year 2020, specific thresholds and conditions apply to determine if a business qualifies for the ERC.
Carolina
Tue Nov 12 2024
Eligible entities include those whose operations were fully or partially suspended due to governmental orders.