March 3, 2022
Featured expert Kristi Stone, CPA, goes in depth about the under-used program
CPA Explains Employer Tax Credit (ERC) Eligibility for Small Businesses
- Experienced significant decline in gross receipts. In 2020 this was defined as gross receipts that declined by at least 50% compared to the same quarter in 2019. In 2021 gross receipts must have declined by at least 20%. Eligibility will not end until you have a quarter where gross receipts get back up to greater than 80% of 2019 quarter levels.
- Fully or partially suspended operations due to a government order related to COVID-19.
Get to know NFIB
NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.
Related Articles

September 17, 2025
What Does the Latest NFIB Optimism Index Say About Virginia?
State Director Julia Hammond says the report reflects conditions in the com…
Read More

September 17, 2025
What Does the Latest NFIB Optimism Index Say About Tennessee?
State Director Jim Brown says the national survey reflects what’s happening…
Read More

September 17, 2025
What Does the Latest NFIB Optimism Index Say About NC?
State Director Gregg Thompson says the national data reflects what’s happen…
Read More

September 17, 2025
What Does the Latest NFIB Optimism Index Say About Georgia?
State Director Hunter Loggins says the latest report mirrors what’s happeni…
Read More