Website: setcpros.com
This website appears legitimate based on AI analysis.
SETC Pros (setcpros.com) is a controversial service that offers assistance with the Self-Employed Tax Credit (SETC), which is a legitimate IRS tax credit for self-employed individuals affected by the pandemic. However, there are significant concerns and mixed reviews about the legitimacy and business practices of SETC Pros specifically. Legitimacy of the SETC Program- The SETC itself is a real IRS tax credit authorized under the Families First Coronavirus Response Act (FFCRA) and the American Rescue Plan Act (ARPA), designed for self-employed individuals who missed work due to COVID-19. The credit is claimed via IRS Form7202 and amended tax returns (Form1040X), not through a third-party website. SETC Pros: Mixed Reviews and Red Flags- SETC Pros claims to help people file for this credit and offers a “zero-risk guarantee,” meaning they only charge if they secure a refund. Some users and affiliates claim positive experiences and successful refunds, while others report delays, lack of communication, and allegations of fraud. SETC Pros is not accredited by the Better Business Bureau (BBB), and there are complaints about aggressive marketing, lack of transparency, and failure to provide refund proof or professional credentials (like a PTIN for tax preparers). There are reports that some companies promoting SETC credits use misleading claims, promise specific refund amounts, and pressure clients-common signs of tax relief scams. Expert Warnings- Experts and IRS officials warn that while the SETC exists, many third-party companies misrepresent eligibility and process, and some are scams. Legitimate tax professionals do not guarantee specific refund amounts or require upfront payments to “release” funds. Recommendations- If considering SETC Pros, verify their credentials, request their PTIN, and cross-check their claims with an independent tax professional (CPA, Enrolled Agent, or attorney). Be cautious of any company that promises a specific refund amount or pressures you to act quickly. Always file directly with the IRS or through a reputable, licensed tax professional. In summary, the SETC credit is legitimate, but SETC Pros has mixed reviews and some red flags. Proceed with caution and verify all claims independently