Self Employed Credit Launches FFCRA Tax Credit For Self-Employed Workers
*CALDWELL, ID / ACCESSWIRE / April 6, 2024 /* Self Employed Credit is now accepting the 2020 self-employed tax credit until May 1, 2024. The SEC program was established under the Families First Coronavirus Act and is designed to help self-employed workers and small businesses recover from the effects of the pandemic.
Find out how much you qualify by visiting our website: www.selfemployedcredit.org
Self-employed workers can apply for this credit, which grants up to $32,220 in tax credits, until May 1 this year. Self Employed Credit has a long history of championing small businesses and has successfully filed over $129 million in tax credits for its clients. With years of experience and a proven track record for success, Self Employed Credit is uniquely positioned to provide support for freelance workers and small businesses.
Self Employed Credit handles the amendment of tax returns and resubmission to the IRS on clients' behalf, highlighting its dedication to convenience. Potential clients can take a 30-second quiz on the Self Employed Credit website to determine their eligibility for the tax credit. With just six simple questions, clients can quickly and easily find out if they qualify for the SEC tax credit. Common reasons why an individual might qualify include childcare, illness, vaccination, and quarantine.
The Families First Coronavirus Care Act was implemented in March 2020 and was initially designed to extend paid sick leave and unemployment benefits for W-2 employees. As the pandemic continued, the FFCRA was expanded to include self-employed individuals including freelancers, independent contractors, and gig workers. For W-2 employees, the FFCRA provided paid sick leave, complimentary COVID testing, food assistance, unemployment benefits, and more. Self-employed individuals were invited to claim tax credits that would cover similar costs.
Today, claiming the SETC could not be easier or more beneficial. Self Employed Credit has bank-level security to ensure that client's personal data will not be breached. There are no upfront costs and tax preparations are covered by Self Employed Credit if a client finds a bigger refund through a different company. The expert professionals at Self Employed Credit use more than ten years of experience to guarantee clients their maximum refunds. Self Employed Credit gets claims processed within two to three days, bypassing the sixteen-week wait that other companies contend with.
It is estimated that although claiming this credit can be extremely beneficial, 80% of self-employed individuals are unaware of their eligibility for FFCRA tax credits. Self Employed Credit seeks to change that and help as many individuals claim this credit before the deadline on May 1. The Paycheck Protection Program is much more widely known. Still, while the PPP gives loans to small businesses, FFCRA is a completely separate program that allows self-employed individuals to claim their credits with no repayment necessary. FFCRA and Self Employed Credit are focused on assisting individuals rather than businesses.
*About Self Employed Credit*
Self Employed Credit helps self-employed individuals get up to $32,220 back in tax credits if they were impacted by the COVID-19 pandemic and could not work in 2020 or 2021. If one could not work or had to take care of a family member, relative, or child then they qualify. Self Employed Credit allows these individuals to claim their tax credit through a fast and easy process online.Find out how much you qualify by visiting our website: www.selfemployedcredit.org
*Media Details*
Website URL: www.selfemployedcredit.org
Company Name: Self Employed Credit
Email address: support@selfemployedcredit.org
*SOURCE:* Self Employed Credit
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