Employee Retention Tax Credit for Restaurants

Learn how government restrictions lead to ERTC eligibility for restaurants. Download the case study PDF to share with your team.

Restaurant Industry

Government Restrictions lead to ERTC Eligibility for Restaurants

Arvo has been invaluable in helping us claim our tax credits during this difficult time. The process was so easy, and the team was exceptional. Thanks to Arvo, the entire process of claiming the Employee Retention Tax Credit was simple and effortless.

Restaurant Owner in Ohio

Part 1

The Challenge

Government restrictions lead to decline in profits

A restaurant was initially subject to closure, then allowed to provide outdoor dining, followed by indoor dining with capacity restrictions. The owners maintained revenue levels near pre-pandemic numbers after adjusting their business model for greater reliance on food delivery.

Part 2

The Problem

Confusion around ERTC eligibility and interaction with PPP

As the COVID-19 crisis evolved, rule changes in the ERTC program and the required coordination with PPP loan forgiveness made it unclear whether the restaurant qualified for the ERTC, for what period of time they qualified, and whether claiming it would negatively impact their PPP loan forgiveness.

Part 3

The Solution

Arvo identified eligibility due to the impact of COVID-19

After talking with the tax experts at Arvo, the restaurant discovered they were eligible for the ERTC and could optimize the credit with the PPP loan. In total, the restaurant claimed $575K in PPP loans and $475K in ERTC through the second quarter of 2021.

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Employee Retention Tax Credit for Restaurants

See how government restrictions lead to ERTC eligibility for restaurants. Download the case study PDF to share with your team.

Restaurant Industry

Government Restrictions lead to ERTC Eligibility for Restaurants

Arvo has been invaluable in helping us claim our tax credits during this difficult time. The process was so easy, and the team was exceptional. Thanks to Arvo, the entire process of claiming the Employee Retention Tax Credit was simple and effortless.

Restaurant Owner in Ohio