How it works
It takes less than a minute to get up and running on AutoERC.
First Create a Split. To do this, simply enter your email address and the email address of the small business. Then set the percentage split terms – i.e. what percentage of the tax refunds each party should receive.
Next Connect your Bank Account. This is the bank account AutoERC will pay out your percentage cut to. AutoERC uses Plaid for secure bank connection.
Finally, AutoERC will send an email out to the small business asking them to join your Split. All they need to do is Connect their bank account – specifically, the same bank account listed on the ERC forms that the IRS will pay out to.
And that's it. As soon as the IRS pays the tax refund out to the small business' bank account, AutoERC will automatically deduct your cut from it and send it to you. All parties will be notified immediately.
ALD's cut (80%)
Your cut (20%)