selfemployed.claims
Open in
urlscan Pro
2606:4700:3034::6815:39bf
Public Scan
Submitted URL: https://claimthecredit.com/
Effective URL: https://selfemployed.claims/ubs/loopit
Submission: On November 04 via automatic, source certstream-suspicious — Scanned from GB
Effective URL: https://selfemployed.claims/ubs/loopit
Submission: On November 04 via automatic, source certstream-suspicious — Scanned from GB
Form analysis
0 forms found in the DOMText Content
Claim Now * Home * Who Qualifies? * What is SETC? * Our Process * FAQ * Claim Now SELF-EMPLOYED TAX CREDIT UP TO $32,220 FOR ELIGIBLE SELF-EMPLOYED WORKERS. SICK AND FAMILY LEAVE CREDITS (FFCRA) Claim Your Tax Credit Now The SETC is a specialized tax credit from the American Rescue Plan Act designed to provide support to self-employed individuals who struggled during the COVID-19 pandemic. ADVANCE FUNDING AVAILABLE! WATCH THIS QUICK EXPLAINER VIDEO IF YOU FILE SCHEDULE C INCOME, YOU COULD BE ELIGIBLE. * Sole Proprietors * 1099 Contractors * Freelancers * Single-member LLC's * Gig Workers * Other Self-Employed Workers Calculate & Claim Your Tax Credit Now * 1 * 2 * 3 * 4 * 5 * 6 WHAT IS SETC? SELF-EMPLOYED TAX CREDIT UNDER THE AMERICAN RESCUE PLAN ACT THE SETC IS A SPECIALIZED TAX CREDIT DESIGNED TO PROVIDE SUPPORT TO SELF-EMPLOYED INDIVIDUALS DURING THE COVID-19 PANDEMIC. It acknowledges the unique challenges faced by those who work for themselves, especially during times of illness, caregiving responsibilities, quarantine, and related circumstances. This credit can be a valuable resource for eligible individuals to help bridge financial gaps caused by unforeseen disruptions. IF YOU FILE SCHEDULE C INCOME, YOU COULD BE ELIGIBLE. Amidst the pandemic, millions grappled with COVID-related challenges, including: * Illness * Symptoms * Quarantine * Testing * Caregiving * Financial Relief If you found yourself in such situations, where COVID impacted your ability to work, the SETC was designed to be your safety net, but it's not too late. -------------------------------------------------------------------------------- HOW MUCH CAN I QUALIFY FOR? YOU MAY BE ELIGIBLE FOR UP TO $32,220 IN TAX CREDITS FROM 2020 & 2021 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: 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. Calculate & Claim Your Tax Credit Now OUR SIMPLE PROCESS Calculate & Claim your Tax Credit in Less than 20 Minutes! 1. GET STARTED Getting started on this page to create your secure UBS client account. 2. GET YOUR ESTIMATE In just a few minutes, we'll provide you with your estimated tax credit. 3. VERIFY INFO We'll collect necessary information and requirements to file your claim. 4. GET YOUR TAX CREDIT We'll do all the work to prepare and submit your documents to the IRS. FREQUENTLY ASKED QUESTIONS WHAT IS THE FAMILY FIRST CORONAVIRUS RESPONSE ACT (FFCRA)? The Family First Coronavirus Response Act (FFCRA) is a United States federal law enacted in March 2020 in response to the COVID-19 pandemic. It aimed to provide emergency paid sick leave, expanded family and medical leave, and enhanced unemployment benefits to individuals affected by the pandemic. The FFCRA required certain employers to provide employees with paid sick leave or expanded family and medical leave for specified reasons related to COVID-19. Additionally, it provided tax credits to help employers offset the costs of providing these benefits. The FFCRA had various provisions that applied to different types of employers and employees, with the goal of supporting workers and their families during the public health emergency caused by the coronavirus outbreak In December 2020, under the CARES Act, self employed individuals were included to receive tax credit for sick and family leave. WHAT IS THE CARES ACT? The Coronavirus Aid, Relief, and Economic Security (CARES) Act is a significant piece of legislation enacted by the United States Congress in March 2020 in response to the economic impact of the COVID-19 pandemic. The CARES Act aimed to provide financial relief to individuals, businesses, and healthcare systems affected by the pandemic. Some key provisions of the CARES Act include: 1. 1. Economic Impact Payments: The CARES Act authorized direct payments to individuals and families to help alleviate financial strain caused by the pandemic. These payments, also known as stimulus checks, were sent to eligible taxpayers based on their income and filing status. 2. 2. Small Business Assistance: The CARES Act established the Paycheck Protection Program (PPP) to provide forgivable loans to small businesses to cover payroll costs, rent, mortgage interest, and utilities. It also expanded the Economic Injury Disaster Loan (EIDL) program and provided grants to eligible businesses. 3. 3. Unemployment Benefits: The CARES Act expanded unemployment insurance benefits by providing additional federal funding, extending benefits to self-employed individuals and gig workers, and increasing the duration of benefits. 4. 4. Healthcare Funding: The CARES Act allocated funding to support healthcare providers, hospitals, and medical research efforts in combating the COVID-19 pandemic. It also included provisions to expand access to telehealth services. 5. 5. Education and Housing Assistance: The CARES Act provided funding for K-12 schools, colleges, and universities to support distance learning and address other pandemic-related challenges. It also included measures to provide housing assistance and prevent evictions and foreclosures. Overall, the CARES Act was intended to provide immediate economic relief and support to individuals, businesses, and communities affected by the unprecedented challenges posed by the COVID-19 pandemic. WHAT IS THE SELF-EMPLOYED TAX CREDIT (SETC)? The self-employed tax credit was created under the Family First Coronavirus Response Act (FFCRA) and extended by the American Rescue Plan Act (ARP). It is a financial aid program for self-employed individuals, freelancers, and independent contractors. This credit aims to compensate those who experienced a loss of income due to COVID-19 related reasons. The SETC is a specialized tax credit designed to provide support to self-employed individuals during the COVID-19 pandemic. It acknowledges the unique challenges faced by those who work for themselves, especially during times of illness, caregiving responsibilities, quarantine, and related circumstances. This credit can be a valuable resource for eligible individuals to help bridge financial gaps caused by unforeseen disruptions. WHO QUALIFIES FOR SETC? Self-Employed workers who filed schedule C income during the years of 2020 and 2021, and faced challenges of being unable to work during the COVID-19 pandemic, especially during times of illness, caregiving responsibilities, quarantine, and related circumstances. * Sole Proprietors * 1099 Contractors * Freelancers * Single-member LLC's * Gig Workers * Other Self-Employed Workers HOW MUCH AM I ELIGIBLE TO GET BACK? You may be eligible for up to $32,220 in tax credits from 2020 & 2021. Click Here to begin our simple process to calculate and claim your Tax Credit! HOW IS THE CREDIT CALCULATED? The credit is calculated based on your net self-employment income, taking into account the number of days you couldn't work due to COVID related reasons. Here's a breakdown: Personally Sick: If you were unable to work because you were sick with COVID or quarantined, the credit equals your average daily net self-employment income, up to $511 per day, for a maximum of 10 days. Caring for a Child: If you were caring for a family member with COVID-or a child whose school or daycare was closed due to COVID, the credit is two-thirds of your average daily net self-employment income, up to $200 per day. For 2020, this is applicable for up to 50 days, and for 2021, up to 60 days. Your average daily net self-employment income is calculated by dividing your annual net self-employment income by 260 (the average number of workdays in a year). The total credit you can receive is the aggregate of these calculations for the days you were eligible, subject to the daily and total day limits specified by the program. WHAT'S THE PROCESS? We make the process simple and easy. First, get started by beginning our easy and quick nline application. Next, you provide some information so that we can calculate an estimate of your credit. Lastly, you will complete the process by signing the necessary documents that we need to submit to the IRS, and we handle the rest! WHO HANDLES MY CLAIM & FILING? Your filing is handled by our expert team and process developed by United Business Solutions. With an unparalleled team and years of experience and dedication, you can rest assured your claim is handled with utmost care and integrity. WHEN IS THE DEADLINE TO SUBMIT MY CLAIM? The SETC program deadline to file a claim is April 15th, 2025. DON'T WAIT! THERE'S A DEADLINE TO FILE YOUR CLAIM. Take advantage of the SETC Tax Credit designed for self-employed individuals just like you! Calculate & Claim Your Tax Credit Now -------------------------------------------------------------------------------- We empower and educate self-employed individuals with solutions to help maximize the credits they deserve. -------------------------------------------------------------------------------- USEFUL LINKS * Home * Client Login * Help & Support * Contact Us * Terms and Conditions * Privacy Policy CONTACT US * 1-800-827-9780 * support@unitedbusinesssolutions.com * Mon-Sat 9:00 AM-7:00 PM EST * 515 Broadhollow Rd. Melville NY 11747 -------------------------------------------------------------------------------- Disclosure: Not all claimants are eligible for sick and family leave tax credits. Eligibility is determined by specific qualifications under applicable tax regulations. As an applicant, you are responsible for providing accurate and truthful information to the best of your ability. United Business Solutions provides a software platform designed to assist in gathering information and preparing the self-employed tax credit filing. We do not provide legal or tax advice. Please consult a professional for personalized guidance. All tax documents are prepared and filed by Sichenzia Ross Ference Carmel LLP. Advance funding for the self-employed tax credit is facilitated through Community Bank & Trust. United Business Solutions is not a lending or funding company and does not provide financial or banking services. © Copyright 2024 United Business Solutions All rights reserved. CLAIM YOUR SETC NOW! SORRY YOU ARE NOT ELIGIBLE FOR THIS PROGRAM.