Absolutely! This particular tax credit refund is designed with self-employed individuals in mind. It's also a great fit for small business owners, freelancers, and anyone working as a 1099 contractor. It's all about giving a helping hand to those who run their own show in the business world.

Yes, you can! If you've got self-employment income alongside your W2 earnings in 2020 or 2021, you're in the running for SETC tax credits. Just remember, if you received FFCRA wages through your employer, we'll need to adjust your SETC credit accordingly to avoid double benefits. And if your employee benefits don't cover everything, you might still be able to claim extra credits based on your self-employment.

No, it's not. Here's the good news: unlike Paycheck Protection Program (PPP) and the Employee Retention Tax Credit (ERTC), the Self-Employed Tax Credit (SETC) is not considered taxable income. This means when you claim SETC, it doesn't add to your tax burden the way PPP and ERTC might have. It's a financial perk without the extra tax strings attached.

The Client fee is a percentage of your total SETC refund. Our team of tax professionals will qualify, calculate and prepare all required paperwork ensuring your SETC application is filed within IRS compliance. We consider all tax codes and tax laws required to do this properly.

Fees are due once your application is complete and ready to file. Fees can be paid all at once or you can opt to pay in installments through PayPal.

For fees equaling $1,500 or less, choose to pay over 6 months interest free or in (4) interest free installments starting at the time of filing, with (3) subsequent repayments every 15 days.

For larger refunds with Client fees greater than $1,500, you can finance your payments monthly with PayPal Pay Later. The “Pay Monthly” installment application is quick and simple.

With this option you may select to pay over the course of 6, 12, or 24 months. You must also have a PayPal account in good standing or open a PayPal account to apply. If you do not see monthly option available on your account, please contact PayPal directly.

Please note: It is not required to have a PayPal account to make a payment upfront, you can use your debit card or credit card at checkout.

Our Guarantee: If you do not receive your tax credit for any reason, we will reimburse you any fees paid.

Not at all. It's really straightforward – just select your days in our questionnaire. Then, upload your 2019 to 2021 tax returns and a copy of your driver’s license, and sign our agreement. That's it! We handle the rest, ensuring a smooth and stress-free process for you.

The PPP (Paycheck Protection Program) and the FFCRA (Families First Coronavirus Response Act) are indeed both responses to the economic fallout of COVID-19, but they cater to different needs.

PPP's Role: The PPP is all about bolstering small businesses. It does this by offering loans, which can be forgiven if used primarily for payroll and other eligible expenses. It's essentially a financial lifeline for businesses to keep their teams employed during the pandemic's challenging times.

FFCRA's Focus: On the other hand, FFCRA is not about loans but about providing tax credits. These credits are applied to taxes that individuals, especially the self-employed and employers, have already paid. Unlike the PPP, which is designed to support businesses directly, FFCRA is more individual-focused, offering relief to people impacted by COVID-19 related work disruptions.

While both play crucial roles in pandemic relief, their mechanisms of support differ significantly - one through loans for businesses and the other through tax credits for individuals.