Startup Guides > ERC Update:

ERC is only eligible for a company's W2 employees that were retained during Covid. Owners and anyone related must be excluded from payroll reports. Therefore, sole proprietors will be ineligible.

Who Is Eligible 2020:
Private employers, including non-profits, carrying on a trade or business in 2020 that:
Have operations partially or fully suspended as a result of orders from a governmental authority due to COVID-19, or
Experience a decline in gross receipts.

Who Is Eligible 2021:
Private employers, including non-profits, carrying on a trade or business in 2020 or 2021 that:
Have operations partially or fully suspended as a result of orders from a governmental authority due to COVID-19, or
Experience a decline in gross receipts.

Where? ERC4Business.com
 
 


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ERC Update: