SETC.best has announced a simple process for calculating and claiming the SETC (Self-Employed Tax Credit) to help freelancers and self-employed contractors get compensated for revenue loss due to COVID-19.
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Sole proprietors, one-man LLC operations, and gig workers who want to apply for a refund for lost revenue due to COVID-19 can now easily start the process on SETC.best's website to get assistance in filing the application.
Interested parties can learn more at: https://setc.best/amp
SETC.best has designed the process to be quick and simple for its clients, aiming to encourage more businesses to take the chance to receive a refund. Those applying can be eligible for up to $32,200, something that can help many self-employed get back on their feet after losing income due to restrictions or COVID-19-related sick leave.
"The SETC is a specialized tax credit designed to provide support to self-employed individuals during the COVID-19 pandemic," a spokesperson for the company said. "It acknowledges the unique challenges faced by those who work for themselves, especially during times of illness, caregiving responsibilities, quarantine, and related circumstances."
The SETC goes under the American Rescue Plan Act, a $1.9 trillion financial aid package put into action in March 2021 to help Americans recover from the economic impact of the pandemic. SETC.best explains that they were the first to discover the SETC and is responsible for 80% of the SETC claims, having secured over $250 million for its clients in partnership with Anchor Accounting Services.
To begin the process, business owners need to create an account and upload the necessary documents for SETC.best to be able to make an estimated calculation. Signing up and filling out the application takes under 20 minutes, and the accountants will handle the claim with the IRS. Most clients have received their refund within 14-20 business days, says SETC.best.
A previous client shared their experience: "I didn't even know about the SETC program until a friend sent me a link, and I was blown away by how simple and easy it was to not only claim my tax credit, but the support and service though the process was much better than I could have imagined."
About SETC.best
SETC.best is part of Gig Worker Solutions, a platform for freelancers and self-employed business owners. In addition to SETC calculation and claim assistance, the company offers services like CRM and legal support, IT solutions, tax concierge, and more.
For additional details, please visit: https://setc.best/amp
Contact Info:
Name: Nate Lewis
Email: Send Email
Organization: SETC.best
Address: 21 I U Willets Road, Old Westbury, New York 11568, United States
Website: https://setc.best
Source: PressCable
Release ID: 89129605
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