Funded Is Now Processing ERC's !
FAQ's
What is it?
The Employee Retention Credit (ERC) is a refundable tax credit for businesses that continued to pay employees while shut down due to the COVID-19 pandemic or had significant declines in gross receipts from March 13, 2020 to Dec. 31, 2021.
Do I have to payback my ERC?
No, this is not a loan, but rather a tax credit. Unlike the PPP you do not have to pay this back or apply for forgiveness. Your check arrives, deposit it, spend it as you see fit.
Can I qualify if I took a PPP?
Absolutely! Due to the Consolidated Appropriations Act of 2021, business owners who took a PPP are completely eligible to apply for an ERC.
Do I qualify even if my revenue didn't decrease?
Yes, our team of highly qualified accountants are well versed and able to correctly file your ERC even with an increase in revenue!
Will the ERC funds run out?
The funds used for this is not a lending program - the tax refunds are issued by the US Treasury. This means ALL eligible employers will receive the funds.
How long does it take to receive my refund?
Typically, from the day we have all your documents in for review, you can expect to receive an approval in 5-7 business days. From then it takes the IRS a minimum of 16 weeks to process and send out checks.