Receive up to $32,200
from the SETC Program

Self Employment Tax Credit (SETC) is a part of the IRS FFCRA program.

The government has money set aside for you for COVID-19 relief. It’s already your money!

  • Qualify yourself within 5 Minutes
  • NO upfront fees
  • It is NOT taxable
  • This is NOT a loan
  • It does NOT have to be paid back!
CLAIM YOUR CREDIT

SETC Overview

What Is SETC?

The SETC (Self Employment Tax Credit) is a targeted tax credit created to offer assistance to self-employed individuals amidst the challenges posed by the COVID-19 pandemic.

It recognizes the distinct challenges encountered by self-employed individuals.

Self Employed?

You are qualified if you were self-employed in both 2020 and/or 2021, which includes sole proprietors managing businesses with employees, 1099 subcontractors, and single-member LLCs. Additionally, qualification extends to those who filed a “Schedule C” or a Partnership (1065) on their federal tax returns for either 2020 and/or 2021.

Impacted by COVID?

You are also qualified if you battled COVID, encountered symptoms resembling COVID, had to undergo quarantine or testing, or provided care for a family member impacted by the virus. The SETC may serve as your financial relief in such circumstances.

Why Us?

Proven Claim Record

 

So far, we have successfully claimed over $27M in SETC refunds for our clients.

SETC Expertise

 

Leveraging comprehensive expertise in tax credits, our CPAs will strive to secure the maximum SETC amount for which you are legally eligible.

NO Upfront Fees

 

We charge our service fee only after your SETC refund arrives.

CLAIM YOUR CREDIT NOW

FAQ

Yes. This tax credit is for self-employed individuals, small business owners, freelancers, and 1099 contractors only.

A few factors go into calculating your tax credit refund amount. The most significant factors would be:

  1. Your net income from your Schedule C on your 2019, 2020, and 2021 tax returns.
  2. How many days you were out sick or told to quarantine with Covid-19
  3. How long you might have cared for a loved one affected by Covid-19
  4. How long were schools or daycare centers closed (and you were forced to care for a minor child during the closings)

We are the only firm in the country that is able to get your funds to your within 10 business days (through our SETC Advance Program), whereas it usually takes 12-20 weeks to receive your funds with other providers.

For the most part, all we require is your 2019, 2020 and 2021 tax return including your schedule C and a copy of your driver’s license for identification.

Not at all. Our website has an agreement letter that you must read, sign, and date. You will also need to upload a copy of your 2019, 2020, and 2021 tax returns and a copy of your driver’s license. That’s it. We make the process as easy and stress-free as we can for you. Once we have your tax returns, we’ll take over and get everything filed for you.

Within 10 days. We will begin processing your file once we receive the documentation from you.

The Sick and family Leave tax credit for self-employed and 1099 workers is for eligible self-employed individuals or independent contractors.

Under the FFCRA, eligible self-employed individuals or independent contractors could claim a refundable tax credit against their income tax liability for up to 100% of the qualified sick and family leave equivalent amounts, subject to certain limitations, if they were unable to work or telework due to COVID-19-related reasons.

The qualified sick leave equivalent amount was the lesser of either $511 per day or 100% of the average daily self-employment income for each day an individual was unable to work or telework because they were subject to a quarantine or isolation order, had COVID-19 symptoms and were seeking a medical diagnosis, or were caring for someone who was subject to a quarantine or isolation order or who had COVID-19 symptoms.

The qualified family leave equivalent amount was the lesser of either $200 per day or 67% of the average daily self-employment income for each day an individual was unable to work or telework because they needed to care for a child whose school or place of care was closed due to COVID-19.

To claim the tax credit, eligible self-employed individuals or independent contractors would report the qualified sick and family leave equivalent amounts on their 2019, 2020 or 2021 tax return, depending on when the leave was taken.

There are no upfront fees and we only charge 20% of your total credit once you receive your funds.

Our CPA and EA’s will need to file an amendment on your tax return. All we require from you is a copy of your 2019, 2020 and 2021 tax returns and a copy of your driver’s license, and we’ll handle the rest.

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