Are you a freelancer, gig worker, or independent business owner? You might qualify for SETC relief – apply now with the assistance of Gig Worker Solutions.
If you are self-employed and were negatively impacted by the Covid pandemic, you are probably leaving money on the table - that's right, even now, in 2024. You could be forgiven for not realizing that the financial relief programs established circa 2021 in the wake of the pandemic are still active, but be warned: you could be missing out big time if you aren't taking advantage of these tax credits!
To find out right now if you qualify for pandemic relief through the SETC program, click here.
It is a common misconception that freelancers and gig workers were left in the lurch by the government when it came time to dole out pandemic relief funding. On the contrary, millions of dollars were allocated to programs to assist gig workers, but the vast majority of that funding was never distributed. Why? Lack of awareness, of course! Thankfully, it isn't too late. Read on to find out whether you might qualify for immediate relief!
The SETC - or Self Employed Tax Credit - program was established as part of the American Rescue Plan Act of 2021, and was intended to provide the same relief that registered business owners enjoyed through PPP loan forgiveness and other similar programs to self-employed individuals and freelancers.
In addition to gig workers, eligible individuals may include:
These businesses likely did not qualify for relief through other programs - even those tailored specifically to small businesses - but may qualify for the SETC in 2024.
If you fall into any of the above groups, there is already a good chance you qualify - very few self-employed individuals were left unscathed by the pandemic, but let's discuss further just to be sure.
To be eligible for relief, an individual must have experienced and have documentation of a qualified Covid-related disruption while self-employed in 2021 or earlier. This could include supply chain disruptions, business closures due to pandemic-related factors, or time lost due to duties as a caregiver or to personal health challenges.
If you believe you may qualify, you can apply now with the assistance of the Gig Worker Solutions team, a qualified accounting agency specializing in securing this relief for their clients. They have already secured millions of dollars in SETC relief as of 2024, and are committed to ensuring that you get the money that is owed to you.
Gig Worker Solutions emphasizes that the money available through the SETC program has already been designated, but will no longer be available to claim as of 2025. Unlike the self-guided claims process, they have the connections to accelerate your SETC filing to ensure it is processed before the deadline.
One client stated, “I didn’t even know about the SETC program until a friend sent me a link and I was blown away by how simple and easy it was to not only claim my tax credit, but the support and service through the process was much better than I could’ve imagined. I didn’t know anything about the program and so they did a great job educating me and making me feel comfortable and knowledgeable throughout the process. I received over $25,000 back from the IRS.”
To apply today, click here and get in touch with the Gig Worker Solutions team.