How is the SETC Tax Refund Calculated?
Maximize Your 2021 IRS Refund Claim If you’re self-employed, understanding how to calculate the SETC tax refund could help you secure a significant payout for the 2021 tax year. With refunds of up to $32,220 available, this credit applies to 1099 contractors, gig workers, freelancers, small business owners, and sole proprietors. The deadline to file […]
Self-Employed? The SETC Refund Deadline is Right Around the Corner!
If you’re self-employed, the SETC refund deadline is approaching quickly. You have until April 15, 2025, to claim the 2021 self-employed tax refund for missed work due to COVID-19. Many who qualify haven’t yet filed, but there’s still time to act and secure the refund you’re entitled to. At SETC Tax Return, we specialize in […]
How to Improve Your Small Business Financial Strength
From Loans and Credit Repair to SETC Tax Credits Running a small business is like walking on a balance beam, one false move can end in disaster. It requires resilience, dedication, and strategic planning. One of the most important aspects of owning a business is ensuring financial strength. For any small business, having every penny […]
Beware of SETC Scams! IRS Issues Warning
In July, the IRS issued a crucial ‘comsumer alert’ regarding deceptive practices surrounding the Self Employed Tax Credit (SETC). Fraudsters and online scammers are promoting misleading information about this tax credit, luring unsuspecting taxpayers into filing false claims. It is essential to recognize these scams, protect yourself, and understand who actually qualifies for legitimate tax […]
Who Qualifies for the 2021 SETC Tax Credit?
The 2021 Self Employed Tax Credit (SETC) offers a significant opportunity for those running their businesses independently to gain tax benefits. The SETC Tax Credit was created as part of the American Rescue Plan Act to provide economic relief to self-employed individuals impacted by the COVID-19 pandemic. This initiative aimed to support self-employed professionals by […]
How to Apply for the SETC Tax Credit ( In 5 Simple Steps! )
The SETC tax credit is a US government program that provides money to self-employed people, freelancers, and independent contractors who lost income due to COVID-19. Applying for the Self Employed Tax Credit (SETC) involves several steps to ensure you maximize your credit and avoid errors. Here’s a streamlined guide to help you through the process: […]
How Does the Self-Employed Tax Credit Work?
Navigating taxes can be daunting, especially for those who are self-employed. Whether you’re a freelancer, 1099 contractor, or gig worker, understanding the various self-employed tax credits available can significantly ease your financial burden. These tax credits are designed to help reduce the overall tax liability for self-employed individuals. This blog will explain how this form […]