A Closer Look at ERC Funding

David Levy
June 5, 2023

A Closer Look at ERC Funding

Key Takeaways:
  • Definition: ERC Funding is a refundable tax credit designed to assist businesses during the pandemic by encouraging employee retention.
  • Eligibility: Businesses impacted by government-mandated shutdowns or significant revenue loss are eligible for ERC Funding.
  • Application Process: A simplified three-step process to claim the ERC Funding benefits.
  • FAQs: Addressing common queries about the ERC Funding program.


In an economic landscape fraught with challenges, the road to recovery for businesses has been anything but smooth. However, financial relief in the form of ERC Funding has emerged as a beacon of hope. The Employee Retention Credit (ERC), part of this funding initiative, is designed to alleviate the financial burdens borne by businesses and foster workforce retention amid the ongoing pandemic. The essence of ERC Funding lies in providing direct financial relief, thus promoting economic stability and recovery.

Delving into ERC Funding

ERC Funding encompasses a refundable tax credit incentivizing businesses to retain employees during these tumultuous times. This initiative alleviates the immediate financial pressures businesses face by offering a financial cushion, enabling them to navigate through economic uncertainties.

  • What is the ERC? - Explore the foundational aspects of ERC Funding and understand how it serves as a financial lifeline for businesses.

Who is Eligible for ERC Funding?

Navigating the eligibility criteria is a crucial step in securing ERC Funding. The guidelines specify that businesses adversely impacted by government-mandated shutdowns or significant revenue loss during the pandemic are the primary beneficiaries of this funding. The varied scenarios under which businesses can qualify underscore the flexibility and the broad scope of ERC Funding in extending financial support.

  • FAQ - Delve into a detailed list of frequently asked questions that shed light on the eligibility criteria and other pivotal aspects of ERC Funding.

How to Apply for ERC Funding

The pathway to securing ERC Funding has been streamlined to a simple three-step process, ensuring that the aid reaches the deserving swiftly. The journey commences with an eligibility call, progressing to the stage of obtaining the refund and culminating in awaiting the check. This process is designed to be hassle-free, ensuring that businesses can focus more on their recovery and less on bureaucratic hurdles.

  1. Eligibility Call: In a brief call, ERC experts ascertain the business's eligibility and estimate the expected amount.
  2. Get Your Refund: The dedicated team handles all the paperwork and submits the necessary documents to the IRS, paving the way for businesses to receive their refund.
  3. Await Your Check: With the paperwork in place, businesses can simply relax and await their check, providing much-needed financial reprieve.
  4. How it Works - A step-by-step guide on navigating the process of applying for ERC Funding, ensuring a smooth and hassle-free experience.

Table: Simplifying the ERC Funding Application Process



1. Eligibility Call

Determine eligibility and obtain an estimate.

2. Get Your Refund

Submit the paperwork through professional assistance.

3. Await Your Check

Relax as the process unfolds and the refund is processed.

Addressing Common Questions about ERC Funding

Myriad questions surround ERC Funding, ranging from eligibility nuances to the application process. Our FAQ section addresses these queries, comprehensively understanding this financial relief initiative. Some of the key questions include:

  • Duration: What period does the ERC program cover?
  • Claiming Process: How do I receive my ERC refund?
  • Eligibility Changes: Do the eligibility criteria change if my business remained open during the pandemic?

These and many more questions are explored to ensure businesses thoroughly understand the ERC Funding program and can make informed decisions.

Table: Key FAQs about ERC Funding


Brief Answer

What period does the ERC program cover?

March 13, 2020, through September 30, 2021.

How do I receive my ERC refund?

Through a cash refund mailed by the IRS.

Do we still qualify if we remained open during the pandemic?

Eligibility depends on government mandates and revenue loss.


The journey towards economic recovery is laden with hurdles, yet ERC Funding emerges as a substantial support system for businesses. By exploring the nuances of ERC Funding, understanding the eligibility criteria, and navigating the application process efficiently, companies are well-placed to leverage this financial lifeline. Encouragingly, the simplified procedure and the wealth of resources available underscore the accessibility of ERC Funding, rendering it a viable option for businesses in need. The FAQ and How it Works sections on our website provide a deeper dive into the intricacies of ERC Funding, guiding companies every step towards financial relief.