Clarkstown NY Employee Retention Ertc Program

About The Employee Retention Ertc Program

Another opportunity for erc is whether or not your business was significantly affected by a government shutdown so what does that mean if your business is separated into several elements for example a dining establishment you have indoor dining you have takeout if indoor dining represents more than 10 of your earnings historically and indoor dining was affected by a government shut down or federal government orders requiring you to socially distance and limiting the capacity of your dining room by 50 you're now eligible for the employee retention credit in spite of the fact that state your takeout sales skyrocketed and you've actually done pretty well throughout the pandemic.This is an opportunity that experts are missing and not looking through carefully.
I can you give us another example sure let's use a producer as an example a maker can qualify for the staff member retention credit because of a disturbance in its supply chain, let's say a vehicle maker has a supplier of carburetors that was closed down completely due to a government order due to the fact that of that the vehicle manufacturer's supply chain was disrupted, and they could not finish their vehicles for production and sale.
Let's do another example let's look at alaw company that primarily focuses on litigation, well the courts were closed for an excellent part of2020 and 2021 so how does that effect the lawfirm more than 10 percent of its revenue typically derived from litigation expenses straight going tocourt was affected and therefore they're now eligible for the credit.