The SETC is a tax credit established to support self-employed individuals facing financial hardship due to COVID-19. Many accountants may not be familiar with this program, so it’s important to be aware of your eligibility.The government has set aside millions in tax credits for self-employed individuals like you, affected by the COVID-19 pandemic.
Unfortunately, many accountants did not (and still do not) know this exists! So, when we discovered this hidden treasure in 2023, we decided to change it.Since then, we’ve partnered with Anchor Accounting Services to create a seamless experience
to return over $250 million to self-employed professionals
.
We are one of the only accounting services in the country that is returning this money to the rightful owners.
This isn’t just any fund; it’s YOUR money,
already allocated by the government, waiting for you to claim.
If unclaimed, this money, your tax dollars, simply go back into the government’s coffers.
We believe it belongs in the hands of the hardworking people who fuel our economy.
Approximately 30M+ in the U.S. are self-employed:
-Sole Proprietors
-1099 Contractors
-Freelancers
-Single-Member LLCs
-Gig Workers
-Other Self-Employed Workers
-Partnerships
For individuals directly or indirectly impacted by COVID-19:
-Related Symptoms
-Quarantined
-Caregiving
-Government Orders
-School & Daycare Disruption
The following conditions apply:
1099/Schedule C
Based 2020, And/Or 2021 Income
Sub S-Corps, True S-Corps, And C-Corps Are Ineligible
FAQS
Filing your SETC tax credit with Matador Advisors Inc is easy and convenient. Simply visit our website and Simply click Get Started. From there, you can access our user-friendly online platform, where you'll be guided through the SETC filing process step by step. Our platform is designed to make it as straightforward as possible, and if you ever have questions or need assistance, our expert team is just a message or a phone call away. We're here to support you throughout the entire process.
To prepare your taxes accurately, we need various documents, including W-2s, 1099s, from the years 2020 and 2021
You may be eligible for up to $32,220 in tax credits from 2020 & 2021
To qualify your business must have been negatively impacted in either of the following ways:
• 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.
• Sub S or True S Corps / C Corps are not eligible for the SETC. This unique tax credit is exclusively available to business owners who filed a “Schedule C” in their federal tax returns for 2020 and/or 2021.
Email: [email protected]
Phone : 951-336-1955
Address : 495 E Rincon St Ste 201, Corona CA 92879
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