Cryptocurrency Q&A
Who is eligible for ERC?
Who is eligible for ERC?
KpopStarletShine
Thu Nov 07 2024
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6 answers
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I am trying to understand who can qualify for the Employee Retention Credit (ERC). I want to know the specific criteria or conditions that make a business or an individual eligible for this credit.
6 answers
CryptoTitan
Sat Nov 09 2024
To be eligible for the Emergency Relief Credit (ERC), an individual or business must have faced a government order related to the COVID-19 pandemic.
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Riccardo
Sat Nov 09 2024
This qualifying government order must have resulted in a complete or partial cessation of trade or business operations.
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Leonardo
Sat Nov 09 2024
The government order can be issued at any level, including local, state, or federal authorities.
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Pietro
Sat Nov 09 2024
It is crucial to note that the order must specifically relate to the COVID-19 pandemic to be considered qualifying.
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Leonardo
Fri Nov 08 2024
The suspension of operations can be either full, meaning no activities are conducted, or partial, where only certain aspects of the business are halted.
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