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The 2020 Deadline for Self-Employment Tax Credits Has Passed, but There’s Still Time to Apply for 2021!

Have you missed the deadline to apply for Self-Employment Tax Credits for the year 2020? Don’t worry—there’s still time to claim valuable tax savings for 2021, and Pinnacle Minds is here to guide you through the process.


The Self-Employment Tax Credits (SETC) are the Emergency Paid Sick Leave Act (EPSLA) and Expanded Family Medical Leave Act (Expanded FMLA) tax credits authorized under the American Rescue Plan (ARP). These self-employment tax credits (SETC) are designed to provide self-employed individuals with the relief they would have been entitled to, had they worked for a qualified W2 employer, for enduring disruptions in their work due to the pandemic. This credit can be highly beneficial for those who had to care for children or dependents, leading to lost work time and income.

Here’s what you get when you apply for the SETC for the Self-Employment Tax Credit with Pinnacle Minds:

  1. Experienced Guidance: Navigating the tax code can be daunting, especially when it comes to claiming tax credits as a self-employed individual. With Pinnacle Minds, you’ll have access to our knowledgeable team of former IRS Auditors, who will support every step of the way. We specialize in assisting self-employed individuals with maximizing their tax savings and ensuring they receive the full benefits they’re entitled to.
  2. Maximize Your Savings: Self-Employment Tax Credits can provide significant tax credits for self-employed individuals, but many are unaware of their eligibility or how to claim the credits. With Pinnacle Minds, you’ll have the opportunity to maximize your savings and reduce your tax liability by taking advantage of all available tax credits, including the SETC.
  3. Streamlined Process: Applying for Self-Employment Tax Credits can be complex, but Pinnacle Minds is here to make the process as smooth and seamless as possible. We’ll handle the paperwork, documentation, and filing process on your behalf, ensuring accuracy and compliance with all applicable tax laws and regulations.
  4. Deadline Awareness: While the deadline for claiming the credit for the year 2020 has passed, there’s still time to apply for 2021. Don’t wait until the last minute—contact Pinnacle Minds today to learn more about how we can help you maximize your tax savings and improve your financial well-being.

Don’t miss out on the opportunity to claim valuable tax savings as a self-employed individual. Contact Pinnacle Minds today to learn more about applying for the Self-Employment Tax Credits for the year 2021. With our guidance and support, you can take control of your finances, while we ignite your success!

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