SETS (Self Employed Tax Service) is a unique tax assistance service designed for Independent Contractors and Self Employed.
Let us “Set you Up” and you can leave any tax uncertainties to us…
About Us
In conversations with a number of friends who work as independent contractors and based on their experiences related to their “Taxes” we realized there was a need to educate and assist them in understanding their tax obligations and the benefits of making timely payments.
After doing some extensive research we made the determination that there is no simple, affordable service to assist them. Accountants and Tax Services that provide once-a-year tax assistance generally charge fees that many independent contractors cannot afford.
SETS has designed service packages that are quite affordable. Our goal is to explain the tax obligations, calculate payment amounts and provide instruction on how to make timely payments to avoid paying penalties.
SETS mission is to provide both a premier Tax Reporting Service and Educate our clients on all the benefits that they are entitled to and deserve.
Meet the Team
John P. Houst
- John lives in Laurel, NY on the North Fork of Long Island. He was born and raised in The Bronx.
- Worked for Con Edison as an IT Specialist for 35 years in Manhattan.
- He purchased his home in Laurel in 1992
- After retiring from Con Edison in 2010 he moved full time to Laurel, NY.
- In March of 2011 he was instrumental in establishing Invent-On-Time LLC with a vision of producing a group of both creative and service divisions which include publishing a book and creating SETS in March of 2019 which is a division of the parent company, as well as a Word Game App currently in development.
Robert J. Hernandez
Creative Director
- Lives in Laurel NY on the North Fork of Long Island. He was born and raised in Riverdale a section of The Bronx New York.
- He worked for Genovese Drug Stores Corporate Office, Snapple Beverage Corp and Time Inc. each in a Managerial Finance/Accounting Position.
- He lived in Riverdale until 2001 when he moved full time to Laurel, NY.
- He is the author of a book titled “find your balance” a compilation of his original proverbs, was released in 2018. He is currently working on his 2nd book with an expected release date of mid 2020.
- Designed and Developed a word game app currently in development with an expected release date of March 2020.
- Formed a division of Invent-On-Time LLC called SETS in March of 2019– Self Employed Tax Services.
Schedule
We can schedule a free Consultation around your schedule – off hours, weekends, early mornings, whatever works best for you. If you are unable to meet at our office we can discuss alternatives.
Services
Ace Package
SETS will make available on a weekly basis. All reports and information for each service are listed below. The client can submit the amount of reported income on a weekly basis.
Winner Package
SETS will make available on a monthly basis. All reports and information for each service are listed below. The client can submit the amount of reported income on a monthly basis.
Match Package
SETS will make available on a quarterly basis. All reports and information for each service are listed below. The client can submit the amount of reported income on a quarter basis.
Included in all packages
- Calculate and provide Self-Employment Taxes
- Calculate and provide Federals Taxes
- Calculate and provide NY State Taxes
- Provide a comprehensive hard copy report listing totals of all Taxes due
- Set up the client with an EFTPS account (Electronic Federal Tax Payment System) which allows the client to submit Taxes electronically -or-
- Provide Quarterly Vouchers both Federal and State if the client wishes to submit taxes by mail by the required due date
- Provide a “mock” 2020 Tax return based the reported income for a 12 month period
- SETS professionals are available to answer any and all questions related to Taxes for Independent Contractors or Self Employed
SETS App
- Available as an Android and Apple App
- Ability to calculate Self Employment Taxes and Federal Taxes for each pay period entered by user
- Provide Quarterly Report totals needed to submit required payments
- Request Free State Income Tax Due Report (s) (available for all States)
- Free Mock 2019 Tax Return based on projected annual Income
- Help Center to answer questions and problem solve