Financial Advisory Blog

Armanino’s Financial Advisory blog is your source for thought leadership around cloud ERP and accounting solutions and integrations. Supported by the Cloud Accounting Institute and numerous experts in cloud, finance, reporting, integration, compliance, and technology, Armanino’s Financial Advisory blog features must-read content on what’s happening in the finance industry, case studies, white papers, and much more.

July 23, 2020

If our only reduction was due to one death, will we be able to qualify for the EZ?

Posted by Armanino Financial Advisory Team

That would qualify as an FTE Exception, so you would meet the second sub-test in the second criterion of the EZ Form qualification tests. However, you must also meet the first sub-test in that criterion that you did not reduce annual salary or hourly wage of any employee by more than 25% during the Covered Period as compared to Q1 2020.

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