FAQ
Here are some of our most asked questions regarding the Employee Retention Credit process and funding.
The Employee Retention Credit (ERC) is a valuable resource for businesses facing financial challenges
due to the pandemic. This program, established under the CARES Act, provides a credit for a portion of
wages paid to employees by eligible employers. The IRS will issue a check to your business for the
amount you qualify to receive, which you can use as you see fit – there is no need to repay the funds
or restrict their use in any way.
The Employee Retention Credit (ERC) program is designed to provide financial support to businesses and
501(c) organizations that have been impacted by the pandemic. To be eligible for the program, a
business or organization must have had its operations suspended or limited due to the pandemic, or
must meet certain economic tests.
Organizations with 500 or fewer full-time employees can use the ERC to cover all employee
compensation, including wages and health benefits, for all employees. For businesses with more than
500 employees, there are special rules that may apply and the credit may only be available for
employees who were inactive during suspended or limited operations.
If you’re not sure whether your business or organization is eligible for the employer retention
credit, try our 3 minute questionnaire
to qualify.
If your business or organization is eligible, you can receive a credit of up to $26,000 per employee
through the program. On average, businesses receive around $16,000 per employee through the ERC
program.
To be eligible for the program, a business or organization must have had its operations suspended or
limited due to the pandemic, or must meet certain economic tests. Organizations with 500 or fewer
full-time employees can use the ERC to cover all employee compensation, including wages and health
benefits, for all employees. For businesses with more than 500 employees, there are special rules that
may apply and the credit may only be available for employees who were inactive during suspended or
limited operations.
Our services come with a risk-free guarantee – you won’t have to pay anything until and unless your
business or organization is paid through the ERC program. When we submit the calculation to the IRS,
we’ll generate an invoice for your company that will be due once you receive the funds from the IRS.
If your business or organization is not approved for the ERC, you won’t owe anything.
With Arti, you can file your businesses ERC refund online in just a few minutes. Once you collect all the necessasry data, your refund can be prepared and ready to send to the IRS in 30 minutes or less. Once submitted, the IRS will take up to 6 months to review your claim and another 3-6 months to pay your claim.
Arti is dedicated to helping businesses navigate the complex process of obtaining economic relief
through the ERC program. Our team has years of experience handling sensitive data for thousands of
businesses and is highly qualified to evaluate, process, and handle ERC claims. We offer an efficient
and accurate service that can help your business quickly determine its eligibility for ERC relief and
maximize its chances of success.
Our funding program is not credit based, and we should be able to purchase your claim regardless of
your credit status. The funding process typically takes about 1 month from submission to funding, so
you’ll have access to the funds you need up to 8 months sooner than if you were to wait for the IRS.