Time Is Running Out to Claim your ERC and SETC Tax Credit...
To help businesses and individuals weather the challenges of the COVID-19 pandemic, the federal government introduced a variety of relief measures, including the Families First Coronavirus Response Act (FFCRA) of 2020. Among other provisions, the FFCRA included a tax credit known as the Self-Employed Tax Credit (SETC), which was designed to provide financial relief for self-employed individuals who were impacted by the pandemic in various ways during 2020 or 2021.
Which Best Describes You?
I AM A BUSINESS OWNER:
I have at least 2 W2 employees
The Employee Retention Credit (ERC) is a legitimate tax credit established to help businesses with the cost of keeping staff employed during the pandemic, enacted by the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act.
I AM SELF-EMPLOYED:
1099 subcontractors, sole proprietorships, & single member LLC's
The Self Employed Tax Credit (SETC) is a specialized tax credit designed to provide support to self-employed individuals during COVID-19. It acknowledges the unique challenges faced by those who work for themselves, especially during times of illness, caregiving responsibilities, quarantine, and related circumstances.
- Sole Proprietors
- 1099 Contractors
- Freelancers
- Single Member LLCs
- Gig Workers
Corporate Transparency Act: Beneficial Ownership Information Reporting
Beneficial Ownership Information (BOI) Reporting is essential for ensuring transparency in business ownership. At Sanchez Financial Advisors LLC, we guide you through the complexities of BOI requirements, helping you stay compliant while focusing on your financial growth. Let us empower you to navigate these regulations with confidence.
File Your BOIR Before Jan 1. 2025
Proven Track Record of Success
In the aftermath of the pandemic, our team embarked on a mission to enlighten the public about Congress-initiated programs specifically crafted in response to the financial repercussions stemming from COVID-19. These programs leverage refundable tax credits to provide substantial support. Through these endeavors, our team members have collaboratively secured tens of millions of dollars in tax credits, benefiting both business owners and self-employed individuals across the United States..
Ready to talk to one of our specialists?
Our specialists are all seasoned professionals who have years of experience working within your industry. Reach out to us today to schedule a consultation.
Let’s talk!
Email us:
david@sanchezfinancialadvisors.com
