How Long Does the ERC Process Take & When Can I Expect My Refund?

How Long Does the ERC Process Take & When Can I Expect My Refund?

The Employee Retention Credit (ERC) is a relief program for businesses affected by the COVID-19 pandemic. Its aim is to help businesses retain their employees and keep them on payroll. Many businesses have applied for the ERC during thos challenging times, and you still can. However, obtaining the ERC can take time, leaving business owners wondering about the timeline for receiving their refund needed to stay afloat. 


If you need to make sure you apply for employee retention credit properly, on-time, and get approved, you can schedule a call with Biz Head Law Here or call 239-376-3428. We’ve helped over 7,500+ applicants successfully.


The ERC Process: An Overview of how long it takes & when to expect a refund

The ERC process involves more than one stage:

1. Determining eligibility

2. Filing the application

3. Processing the application by the IRS

4. Receiving the refund

The timeline for each stage varies based on different factors, & you can always use this free ERC calculator to get an idea of where you stand.

Determining Eligibility

Before applying for the ERC, businesses need to check if they qualify for the credit. The eligibility criteria have changed over time, so it’s important to stay updated. This step usually takes a few days to a week as businesses gather necessary information.

Filing the Application

Once eligibility is confirmed, businesses must submit their application to the neede. This involves completing an online questionnaire, submitting payroll records, and providing documentation of revenue loss & PPP information. The filing process can take a few days to a few weeks, depending on application complexity.

Processing the Application

After submission, the IRS processes the application. Processing times vary depending on the size and complexity of the application, as well as the current backlog. It’s important to note that processing times can change due to program updates and fluctuations in application volume.

Receiving the Refund

Once approved, the IRS issues a refund check or applies the credit to outstanding tax payments. The timeframe for receiving the refund depends on the chosen method. Refund checks may take several weeks, while applying the credit to tax payments can take several months.

You can access this free ERC calculator to get an idea of what your refund will be.

Factors Impacting the Timeline

Several factors can affect the length of the ERC process:

1. Application Size & Complexity: Applications with more employees or complex payroll structures may require additional processing time. Businesses with multiple locations or different employee types might also experience delays.

2. Backlog of Applications: As the ERC program is popular, a backlog of applications exists, causing potential delays in processing. Which is why working with an ERC specialist and lawyer is key to getting approved and getting your refund quickly.

3. Program Changes: The government has made updates to the ERC program, including extending eligibility criteria for ERC in 2023. These changes can lead to increased application volume and longer processing times.

Tips for Expediting the Process

To speed up the ERC process and receive refunds promptly, businesses can follow these steps:

1. Complete & Accurate Application: Provide all necessary documentation, including payroll records, PPP information, and revenue loss calculations. Incomplete or inaccurate applications may cause delays.

2. Stay Informed: Stay updated on program policies and guidelines. Adapting applications to meet current criteria can help expedite the process. Also, stay up-to-date on any 2023 ERC changes.

3. Seek Professional Guidance: Working with experienced ERC attorneys knowledgeable about the ERC program can streamline the application process. Their experience ensures accuracy and increases the chances of a smooth filing experience.

The Role of ERC Attorneys in the ERC Application Process

Engaging professionals in the ERC process can help businesses overcome complexities and navigate the program effectively. These professionals offer:

  • Success with the ERC Program: Having assisted numerous clients, we have valuable insights on eligibility, documentation, & application requirements.

  • Streamlined Filing Process: Working with erc specialists leads to an faster filing process, expediting the submission of claims to the IRS.

  • Free Audit Defense: In the rare event of an audit, some professionals offer free audit defense, providing business owners with peace of mind.

Final Thoughts: Getting ERC Refund Payments Faster

You need to submit a complete & accurate application, stay informed about any program changes for ERC in 2023, and will benefit from professional guidance to improve your chances of getting approved quickly to help your business.

If you need help ensuring you apply for employee retention credit properly, on-time, and get approved, you can schedule a call with Biz Head Law Here or call 239-376-3428. We have helped over 7,500+ applicants successfully. 

Schedule Your Free Consultation Now

With the help of the tax attorneys at Biz Head Law, businesses can quickly determine if they are qualified for this powerful incentive. In just 10 minutes or less, they are also provided with an estimate, which can be up to $7,000 per quarter for each of the first three quarters of 2021 and up to $5,000 for 2020 for a total of $26,000 per full-time W2 employee under the CARES Act.

Calulate Your ERC Amount Now

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