The U.S. IRS has announced a gross receipts safe harbor for employers claiming the Employee Retention Credit --- 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 Retention Credit (ERC). Revenue Procedure 2021-33 provides a safe harbor permitting employers to exclude certain amounts from gross receipts solely for determining eligibility for the ERC. These amounts...