Who is eligible for ertc?

A company may be eligible for ERTC under this provision, even if its revenues increased during the corresponding quarter. Therefore, eligible companies that didn't initially apply for their ERTC could do so until 2024, depending on when they originally filed or paid their business taxes. Eligible employers with fewer than 500 full-time employees can also request early payment from the ERTC using IRS Form 7200. The ERTC was designed to help small businesses that lost revenue due to the pandemic, but only a few businesses are eligible.