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U.S. IRS Announces Gross Receipts Safe Harbor for Employers Claiming the Employee Retention Credit

|Approved Changes|United States
United States

The U.S. IRS has announced a gross receipts safe harbor for employers claiming the Employee Retention Credit

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Treasury, IRS provide gross receipts safe harbor for employers claiming the Employee Retention Credit

IR-2021-167, August 10, 2021

WASHINGTON — The Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) today issued a safe harbor allowing employers to exclude certain items from their gross receipts solely for determining eligibility for the Employee Reten…

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