Why don’t all Individual & Family Service Providers
qualify for the ERC?
You don’t qualify just because the pandemic impacted your business. Your industry, state, and circumstances determine whether you qualify for this credit and for how much.
You may not qualify for the entire $26,000 per employee, but you should still consider this incentive if you faced any of the following impacts:
- Switch to telehealth and telepsychiatry;
- Decline in hours of operations;
- Partial shutdowns and full closure of classrooms;
- Reduction in revenue;
- Cancellation of charity events; or
- Tour and in-person meeting restrictions.