The Transaction Group (TTG), a leading provider of business support services, is pleased to announce its latest initiative to support self-employed individuals in navigating the complexities of the Families First Coronavirus Response Act (FFCRA).
In response to the ongoing challenges posed by the global pandemic, The Transaction Group (TTG), a leading provider of business support services, is pleased to announce its latest initiative to support self-employed individuals in navigating the complexities of the Families First Coronavirus Response Act (FFCRA).
The IRS qualification criteria, application and filing process is complex. Recognizing this fact, as well as the unique needs of freelancers, entrepreneurs, and independent contractors, TTG is now extending its expertise to facilitate the filing and claiming processes associated with the FFCRA.
The Families First Coronavirus Response Act was enacted to provide emergency paid sick leave and expanded family and medical leave for specified reasons related to COVID-19. While this legislation is crucial for safeguarding the well-being of individuals and families, self-employed individuals often face hurdles in understanding and accessing these benefits.
The Transaction Group's new service offering is designed to address these challenges head-on. “It's not impossible for self-employed workers to complete the FFCRA application on their own, however, the process can be complicated and cumbersome,” said Michael Rupkalvis, President of TTG. If the application is not handled properly, a business simply will disqualify itself from potential disbursement.
Together with their trusted business partners, TTG helps to deliver a user-friendly platform that guides self-employed individuals through the FFCRA filing and claiming procedures. By leveraging their extensive experience in financial services and utilizing expert FFCRA business partners, TTG is able to streamline the process, ensuring that self-employed workers can easily access these benefits.
Rupkalvis said, “the Families First Coronavirus Response Act credit is worth up to $32,220 per self-employed individual. If an individual qualifies, we’ll help get them the credit they are eligible to receive. ”
TTG assisted many businesses with claiming the Employee Retention Tax Credit (ERTC). By extending their services to self-employed individuals, The Transaction Group reaffirms its commitment to empowering all members of the workforce in accessing the support they need to continue to recover from the challenging times of the pandemic. Learn more about the Families First Coronavirus Response Act (FFCRA).
About The Transaction Group
The Transaction Group (TTG) is a leading provider of business support services. In addition to credit card processing, TTG offers in demand niche business services. Since 2004, TTG has helped U.S. and international businesses locate and implement the best solutions for their individual business needs. By utilizing a network of industry partners and professionals with a combined 60 years of experience, The Transaction Group is confident in their ability to deliver unmatched professional service. For more information, please visit thetransactiongroup.com, or call 888-383-8056.
Release ID: 89115449
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