Your Tax Credit Experts
Our unique software and expert team have supported countless businesses in acquiring over $150 million in tax credit funding that they are rightfully eligible for.
Self-Employed Tax Credit (SETC/FFCRA)
Self-employed individuals may be eligible to receive up to $32,200 from the IRS within 10 days of submitting a free 5 minute application.
1099 Benefits Package
The first ever comprehensive benefits package specifically for the self-employed, gig worker, and independent professional.
Employee Retention Tax Credit (ERC)
Businesses can be eligible for a tax refund of up to $26,000 per W2 employee during COVID.
CFO Fractional Services
Elevate your business with our Fractional CFO Services: expert financial guidance and management tailored for your needs, without the full-time commitment.
Our Tax Credit specialists assist you in securing money that you're eligible for.
Self-Employed Tax Credit (SETC/FFCRA)
The SETC is a specialized tax credit designed to provide support to self-employed individuals during the COVID-19 pandemic. You may be eligible for up to $32,220 in tax credits from 2020 & 2021.
Employee Retention Tax Credit (ERC/ERTC)
Receive up to $26,000 per employee. If COVID-19 impacted your business and you’ve continued supporting your employees, you may qualify for this credit.
We've helped countless businesses and self-employed individuals secure capital.
Our experienced team can help to assist with various aspects of your claims for economic stimulus, from preparing initial support applications to documenting program compliance.
TECHNOLOGY
Helped a software platform receive over $1,446,944 in ERC funding
RESTAURANTS
Assisted a chain of restaurants secure over $2,396,112 in stimulus funding
HEALTH CARE
Helped a healthcare company with over $762,691 in stimulus
TRADES
Assisted an HVAC company to secure $126,525 in ERC funds
The SETC Explained
Self-Employed Status: If you were self-employed in 2020 and/or 2021, you could potentially qualify for the SETC. This includes sole proprietors who run businesses with employees, 1099 subcontractors, and single-member LLCs. If you filed a “Schedule C” on your federal tax returns for 2020 and/or 2021, you’re on the right track.
COVID Impacts: Whether you battled COVID, experienced COVID-like symptoms, needed to quarantine, underwent testing, or cared for a family member affected by the virus, the SETC could be your financial relief. If the closure of your child’s school or daycare due to COVID restrictions forced you to stay home and impacted your work, we’re here to help.
SETC Tax Credit Highlights
- ✓ Up to $32,200 per employee
- ✓ Takes 5 minutes to see if you qualify
- ✓ No upfront fees
- ✓ This is not a loan
- ✓ It does not need to be paid back
- ✓ A check directly from the IRS
The SETC is a $600B Funded Government Program
Frequently Asked Question
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.
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.
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.
Within 10 days. We will begin processing your file once we receive the documentation from you.
There are no upfront fees and we only charge 20% of your total credit once you receive your funds.
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.
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.
Please call us at 814-200-8960. We’re happy to talk to you and answer any questions you may have.