If your business is a type of essential business, then you might not be subject to COVID restrictions. However, it’s possible that you could be eligible for an ERC. If so, what do you need to know to file your application? You can learn more about ERC in Texas by consulting an ERC specialist in your locality.
Even if you belonged to the category of essential businesses, there are different ways in which you can be eligible for ERC. It is because even essential businesses have been affected by government-imposed COVID restrictions, although they had been excluded from most of the restrictions.
If you run an essential business and want to check your eligibility for ERC, here are some questions you should ask yourself.
- Did you have to reduce services or goods?
Even essential businesses had to reduce their services and goods. If you had to do so because of government-imposed COVID restrictions, then you could be eligible for an ERC. ERC will help you recover some of the losses that incurred when you had to reduce your services or goods during the pandemic and related government-imposed restrictions.
- Did you need to stop performing certain work as employees transitioned to remote working?
With government-imposed COVID restrictions, your business might have been encouraged to transition employees to remote working. In brief, if you had to stop performing certain work as your employees transitioned to remote work, then you could be eligible for ERC.
- Did you struggle to source materials or services from suppliers impacted by COVID?
Essential businesses may have been impacted by less able-bodied suppliers that had been affected by COVID restrictions. If so, you could be eligible for ERC. Sourcing materials and services had been a big challenge for essential businesses during the COVID. And that might significantly affect businesses. So, if you had been through such a circumstance during the times of COVID, you can be eligible for ERC.
- Have you reassigned employees or reduced their hours?
Essential businesses may have had challenges getting employees to work, even in those days when COVID restrictions had been waived. Some businesses had to reassign their employees or reduce their hours. If this is the case, then you can be eligible for ERC.
- Did you have to suspend operations even temporarily to clean or implement safety protocols?
Even essential businesses had to suspend their operations temporarily during the pandemic and related government-imposed restrictions. If that’s the case, then you might be eligible for an ERC.