Employee Retension Credits, do you quaify?
YOU QUALIFY IF:
A governmental authority ordered your business to shut down or reduce its hours.
- Your business fully or partially shut down during any quarter of 2020 or 2021 (starting March 12, 2020).
- The credit applies only to the portion of the quarter(s) you were affected by the shutdown.
OR
Your business experienced a significant reduction in gross receipts.
- For any quarter of 2020, your gross receipts were 50% or less than the same quarter in 2019
OR
- For any quarter of 2021, your gross receipts were 80% or less than the same quarter in 2020 OR 2019
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