Little Known| SETC | Self-Employed Tax Credit |
Helps Small Business Owners…
But they don’t know about it
It’s indeed surprising that a vast majority of self-employed individuals, over 80%, remain unaware of the Self-Employed Tax Credit (SETC). Please pass the word to small business owners, they will thank you.
Are you a self-employed individual, freelancer, independent contractor, or gig worker who was affected by the COVID-19 pandemic? If so, you may be eligible for a tax credit that could help you recover some of your lost income. But chances are, you may not have heard of it.
The tax credit is called the Families First Coronavirus Response Act (SETC), and it was passed by Congress in 2020 to provide relief to workers who had to miss work due to COVID-19 related reasons. The SETC covers up to 110 days of paid sick leave and family leave for employees of small businesses. But what about the self-employed?
The good news is that the SETC also applies to self-employed individuals, such as sole proprietors, independent business owners, 1099 contractors, freelancers, gig workers, and single-member LLCs taxed as a sole proprietorship. The SETC offers equivalent coverage via tax credits that can be claimed on your income tax return, effectively reimbursing you for periods of sick leave due to COVID-19.
Click Here to Check Your SETC Eligibility Now!
The bad news is that many self-employed individuals are unaware of this tax credit and how to claim it. Research shows that over 80% of self-employed individuals do not know that they are entitled to the SETC tax credits. This means that millions of hard-working Americans are missing out on a valuable opportunity to get some financial relief during these challenging times.
The self-employed are the heart of the country and the backbone of the economy. They provide essential services, create jobs, and contribute to the social and cultural fabric of our society. They deserve to be supported and recognized for their efforts, especially during a crisis that has disproportionately affected them.
That’s why a new company called Gig Workers Solutions has created the fastest, safest, and most accessible tool for self-employed individuals and sole proprietors to claim the federal SETC tax credits they deserve.
Their sister company Anchor Financial will handle everything for you, from calculating your credit amount to amending your tax returns and filing for your refund. All you need to do is provide them a copy of your 2019, 2020 & 2021 tax returns and a copy of your driver’s license, and they’ll take care of the rest.
The SETC tax credit can be up to $32,220, based on your self-employed net earnings in 2020 and 2021. Gig Worker Solutions has recovered $86,637,084 in a short period. How much do you qualify for? Use our online Tax Credit Calculator to find out and if you chose you could have your money in 10 days or less.
Don’t let this opportunity pass you by. Claim your SETC tax credit today and get the money you deserve. And don’t forget to share this information with other self-employed individuals who may benefit from it.
Together, we can help each other recover and thrive in the post-pandemic world.
For complete detail on the self employed tax credit visit: GigWorkerSolutions.com
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Families First Coronavirus Response Act
Sick and Family Leave Tax Credit
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