A Simple Decision Tree to Determine Your Employee Retention Tax Credit (ERC) Eligibility

Use this simple tool to determine if your business is eligible for the ERC. Businesses across all verticals have claimed an Employee Retention Tax Credit (ERC or ERTC) of up to $26,000 per employee. Some employers have received ERCs of over $1 million. This program is accessible to many employers (in both the nonprofit and corporate sectors) — even if an organization already received other pandemic aid like PPP loans. Businesses may utilize this decision metric, developed by MP’s HR and payroll experts, to help determine ERC eligibility for a 2020 quarter. (Note, this diagram is provided for informational purposes and doesn’t constitute legal or accounting advice.)

Download the decision tree to:

• Determine eligibility for the ERC
• Find out how an employer’s size affects ERC eligibility
• Learn how much of a revenue loss employers must demonstrate to claim an ERC
• Discover how 2020 and 2021 ERC eligibility criteria differ