Financial News
Facts! Don't Get It Twisted Refund Specifically for Sole Proprietors, Independent Contractors & Single Member LLCs
With over 40 million eligible self-employed individuals and less than 10% having claimed the SETC refund. 33% of U.S workforce is self-employed.
CAMPBELL, CA / ACCESSWIRE / November 19, 2024 / Optimum Solutions Group emphasizes the importance for sole-proprietors, independent contractors and single member limited liability companies to claim their FFCRA/SETC refund. Optimum Solutions Group is an unbiased private advocating consulting firm. Optimizing business cash flow by bringing to light available money unknowingly available to a specific class of business owners.
"Our due diligence is key to helping sole-proprietors, independent contractors and single member limited liability companies in making informed decisions"
Fully supportive, relevant to the recent notice issued by the IRS, which warns taxpayers about misleading claims concerning the Self-Employment Tax Credit (SETC). We welcome this effort to expose and remove bad actors who have taken advantage of taxpayers by promoting fraudulent tax credit schemes.
Emphasizing the need for transparency and compliance when navigating the complex tax landscape, ensuring that only eligible taxpayers benefit from legitimate credits. Unlike companies prioritizing profit over integrity, we focus on providing sound guidance, thorough due diligence, and full transparency for every claim submitted. The IRS's recent notice further underscores the importance of partnering with a credible and experienced team, so taxpayers can confidently navigate tax programs without falling victim to fraudulent or misleading practices -- Tax Credit (SETC). As the primary solution for this tax credit, we've introduced the first and only treasury services of its kind, allowing eligible self-employed owners, 1099 independent contractors and single member LLCs to receive true advances secured by your IRS refund check in as little as 20 days, compared to the usual 20-week processing time required by the IRS. This initiative delivers crucial financial relief to the self-employed, who are the lifeblood of our economy, by providing fast and secure access to funds that were once inaccessible due to a lack of awareness and technological barriers.
Why This Matters for Self-Employed Individuals:
Self-employed workers, from freelancers to independent contractors, are essential to the U.S. economy, but they often lack access to critical benefits. Our platform bridges that gap, providing access to the average $10,000 per claim for 1099 workers. Since launching in September 2023, we've already processed over 50,000 SETC claims, aided by our vast network of dedicated referral partners. Our focus is to empower more than 2 million individuals with their claims before the April 19, 2025, deadline, offering them the financial relief they've earned.
Unlocking Access to Advances for Self-Employed, 1099 Workers, Single Member LLC: Since July 2024, we have issued thousands of advances, secured by IRS refund checks, giving 1099 workers timely access to much-needed funds. These advances are secured by the IRS refund system, and as long as claimants do not owe back taxes, they are eligible for the advance, unlocking financial relief in just 20 days-a vast improvement over the traditional 20 weeks it takes for the IRS to process these refunds.
These advances allow self-employed workers to do more than just cover financial hardships-they offer the flexibility to invest in business growth, cover operational costs, expand their services, or stabilize cash flow. With fast access to capital, self-employed individuals can seize new opportunities, upgrade equipment, or take on more clients, maintaining their financial independence.
Accessing the Program & Eligibility:
To get started, 1099 workers can visit www.setctaxrefund.org where they can create an account, learn more about the program, and check their eligibility for the Self-Employed Tax Credit. To determine eligibility, you'll need your 2020 and 2021 personal federal tax returns and a valid ID. Once the information is submitted, we can quickly determine the credit amount you are entitled to and begin the process of securing your advance.
Key Eligibility Criteria
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" or a Partnership (1065) on your federal tax returns for 2020 and/or 2021, you're on the right track.
Important Note:
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" or a Partnership (1065) on their federal tax returns for 2020 and/or 2021 Claim process supports IRS efforts to protect taxpayers.
Easy Application Process: Follow our clear, step-by-step guide on our portal to submit your claim efficiently.
Get Qualified, verify your identity, sign refund documents, receive your refund. Instantly know the approximate amount of your refund.
The only go to SETC Claim registration process with advancement of Refund in the United States.
Debra Gould, CEO of Optimum Solutions Group Inc. Optimum Solutions Group is a private consulting firm advocating for solutions benefitting sole proprietors, 1099 independent contractors and single member limited liability companies, 33% of the United States workforce. More information can be found by visiting www.setctaxrefund.org .
CONTACT:
www.SETCtaxrefund.org
+1 877-477-3386
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SOURCE: Optimum Solutions Group Inc
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