Not sure if you are eligible?
If your business experienced ANY of the following as a result of COVID, you likely qualify for a tax refund:
Government Mandated Shutdown?
If you fully or partially suspended your business or reduced your hours.
If you reduced your business capacity as a result of a government mandate.
If you were unable to get critical goods or materials due to supplier shutdowns.
Revenue Decline
2020 If a business experienced a decrease in revenue of 50% or more in a quarter of 2020 compared to same quarter of 2019, they are eligible.
2021 If a business had a 20% decrease from a quarter in 2021 compared to the same quarter in 2019, they qualify for that quarter and the next quarter automatically.