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You May be Eligible for Thousands in Credits from the IRS

Get up to $26,000 per employee by filing for Employee Retention Credits (ERCs) from the IRS as part of the CARES Act, even if you received a PPP loan!

  • Was your business shut down due to COVID-19 government mandates?
  • Experience a decline in revenue during COVID-19?
  • Still struggling to recover and rebuild your business?

Start My ERC Analysis >>>

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Financing designed for small businesses

Claim Your ERC Credit in 3-easy Steps:

Apply in a Few Minutes

Complete the ERC Verification form in 2-3 minutes. Provide us with some information to help determine your elegibility for the ERC program.

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Submit Your Payroll Data  

Submit the required data from your preferred payroll software to determine how much ERC credit you qualify for.

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Submit Your 941-X IRS Form

After we conduct the ERC analysis, you'll be able to submit your 941-X form to the IRS complete with all documentation you need.

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Do I qualify?

What is the ERC credit & how does it work?

The COVID-19 pandemic had a devastating impact on small business owners everywhere.
Woman working on a laptop
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Were you forced to

layoff workers?

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Did you have no other option but to

go out of business?

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Are you still

struggling to recover?

If you kept your employees on payroll through the downturn and are currently operational, you may qualify for the Employee Retention Credit (ERC) Program, under the CARES Act. This is a direct cash refund from the IRS for payroll taxes paid during 2020-2021. Businesses can qualify and apply for Employee Retention Credits, but you have enough to worry about with trying to get your business back on its feet.

Fundomate offers a turnkey ERC pre-qualification program that can help you determine if you qualify for the ERC program and how much you can expect to receive from the IRS. We will help you submit your documentation to the IRS for payment processing.

Start My ERC Analysis

How Do I Qualify for ERC?

Two Simple Methods!
Full or Partial Suspension of Operations Test (FPSO Test)

Your business was fully or partially affected by government orders (local, state, or federal) that restricted your normal business services or office activities, affected your supplier's ability to perform, limited how you interact with customers, or forced you to change your business model.

Significant Decline in Gross Receipts Test
(SDGR Test)

Your business suffered significant declines in gross receipts in certain quarters in 2020 and 2021 compared to the same quarters in 2019.

Employee Retention Credits: FAQs

What is the ERC Credit & how does it work?

ERC stands for Employee Retention Credit. Eligible Employers can receive up to $5,000 per employee for wages paid between March 13, 2020 & December 31, 2020, and $7,000 per employee, per quarter in 2021. For a full comparison chart click here

How do I file for ERC?

The only way to apply for the ERC is to file an amended Form 941X (Quarterly Federal Payroll Tax Return) for the quarters during which the company was an eligible employer.

Fundomate offers a turnkey ERC pre-qualification program that can help you determine if you qualify for the ERC program and how much you can expect to receive from the IRS. We will help you submit your documentation to the IRS for payment processing.

I filed for ERC, but how do I know when I will receive ERC funds?

You can call the IRS directly at (877)-777-4778. According to the IRS, the best way to check a refund status is to go on their website and click on “Where’s my Refund?” Keep in mind you will need the following info to complete the status check: 1) your social security numbers; 2) your filing status; and 3) your exact whole dollar refund amount.

You can use this tool to see your IRS ERC refund status 24 hours after the IRS receives your electronic return, or 4 weeks after mailing a paper return.

I filed for ERC, how long will it take to get my ERC check in the mail?

The credit will be refunded to the employer when they file their annual tax return. For employers who have already filed their 2020 return, the IRS will automatically process the credit and issue a refund.

Therefore, most employers can expect to receive their ERTC refund within eight to 10 weeks after filing their return. However, if an employer has not yet filed their return, they should expect to receive their refund within two to three months after filing.

I still have not received my ERC credit after 10 weeks, what do I do?

If you have not received your credit 10-12 weeks after submitting your claim, you should contact the IRS for a status update. Once you have contacted the IRS, you should receive a notice within four weeks about the status of your refund.

If you do not receive a notice within four weeks, you may need to file Form 8849 (Claim for Refund of Excise Taxes). Some claims can take up to nine months.

Still have questions? Our customer support team has you covered.

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Don't wait.
File your Employee Retention Credit today.

Start rebuilding your business today

Request My ERC Analysis
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