08-10-2023, 10:33 PM
How the government is trying to amend the ERC method or not following the direction? What‘s the government plan accordingly?
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Demystifying ERC: amending government policies or not?
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08-12-2023, 01:21 AM
(08-10-2023, 10:33 PM)paul344 Wrote: How the government is trying to amend the ERC method or not following the direction? What‘s the government plan accordingly?
When it comes to getting the answer of demystifying the ERC: to amend or not amend, you need to know its eligibility from the government. The second method to be eligible is if the government closure orders significantly negatively impact your company's ability to do regular operations. For example, if you were unable to serve your clients in the same way, the firm was unable to operate during regular business hours, customers were not permitted to enter, etc. If your company's supply chain was disrupted during the qualifying quarters, you might also be able to qualify in this manner. Government shutdown orders may have been a direct or indirect cause of these disruptions.
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