Under the Families First Coronavirus Response Act (FFCRA), if you are a self-employed person including those who receive a 1099, and if you were not able to work due to reasons related to Coronavirus, you are eligible to receive Sick Leave and Family Leave credits. This is your chance to get paid for the days you were sick, quarantined or even effected by Corona. If a child’s school was closed or you cared for another person, you are also eligible for these relief funds.The Families First Coronavirus Response Act (FFCRA) is a groundbreaking legislation that provides much-needed relief to self-employed individuals and small businesses during the COVID-19 pandemic. By understanding the key provisions of the FFCRA and how they apply to your specific situation, the PBF will help you maximize your legally entitled share of this little known provision of federal law.
YES!!! But don’t take our word. Go directly to the IRS page to read more about this program. Here is their link with further information: https://www.irs.gov/newsroom/tax-credits-for-paid-leave-under-the-american-rescue-plan-act-of-2021-specific-provisions-related-to-self-employed-individuals
Any 1099 independent contractor, booth/suite renter, and self-employed individual may be qualified to receive FFCRA funds. To qualify, you must have filed a Schedule SE as part of your 2020 and/or 2021 1040 Tax Returns, which reports your self-employed income.
Thanks to our partnership with Adesso Capital, we have created an online and automated system for you to easily submit your claim directly with the federal government for these funds. You just need to have filed a Schedule SE as part of your 2020 and/or 2021 1040 tax returns (to verify your self-employed income) and have a driver's license or other official photographic ID (for purposes of verifying your identity).
To cover our costs (which include our CPAs calculating and preparing all of your filings with the IRS), we must charge a fee for our services. We have multiple payment options available and are always 100% transparent about the fees you’ll pay.
Pay Now - Pay at the time of filing at the reduced fee.
Pay Later- Spread out our fee over several months via our partnership with PayPal.
No. This is not a loan. These funds have been allocated to the FFCRA program by the federal government and will not need to be paid back.
No. FFCRA provides money for Self-Employed/Independent Contractors to be used without restrictions.
“Our industry was wrongly signaled out during Covid lockdowns, so we deserve our fair share of Covid Relief funds.”
“Our California Barbering school struggled during the Covid lockdowns to serve our students and keep our financial head above water. The PBF not only fought to get our safe school reopened and our students back on track to their licensed career, but they directed us to this federal tax credit that we had no idea was available. "
“I applied for FFCRA as a self-employed hairstylist and it was just accepted by the IRS last week. It’s totally legit!”
“If it wasn’t for the PBF, I would’ve believed what I had heard from my trusted financial advisers and others in our industry, i.e., that my salons didn’t qualify for this new ERC funding or would be so little as to not be worth the hassle.Thankfully, I decided to trust the PBF’s advice and went to their online portal."