ERC GO is a division of Frandsen Accounting

Back to All Categories
GROSS RECEIPTS

What qualifies as a decline in gross receipts for 2020?

In order to qualify under the gross receipts criteria for 2020, you will need to have experienced a reduction of at least 50% or more in a quarter when compared to the gross receipts of the same 2019 quarter.

To see an example of how this criteria is put into action, you can check out our article, "How to calculate a decline in gross receipts."


Step 1
Estimate your potential ERC credit
Potential credit amount

$0

*This is an estimate only based on the employee counts entered and does not represent a guarantee of the credit amount you will receive, or that you will qualify for the program.

ERC GO has already helped a staggering:

6,129

...businesses file their ERC claims...and counting!

The ERC helps businesses recover from COVID

What is the Employee Retention Credit program?

The Employee Retention Credit is an economic stimulus program for American businesses. With no limits on funding, your business could potentially receive thousands of dollars!