If you own a small business in California, you could get COVID grants up to $25 thousand dollars! On May 13, Governor Gavin Newsom proposed adding $1.5 billion dollars to a program providing grants of up to $25 thousand dollars to small business owners, which will help many more business owners to receive this grant. […]
Do you owe back taxes to the IRS or State and can’t pay back? You may be able to settle the amount for a lot less, if you qualify. Watch this video to find out the step-by-step guide for an offer in compromise, and what you need to do before submitting the application. Many taxpayers […]
Governor Gavin Newsom plans to triple the state’s investment in the Golden State Stimulus by expanding the stimulus to middle-class families. Once his proposal gets approved, 2 out of every 3 Californians will be eligible for the new $600 and extra $500 stimulus checks if you qualify. This total of nearly 12 billion dollars of […]
Do you receive Social Security or Supplemental Security Income benefits? Then it’s important to make sure that you and your family are getting the stimulus money that you’re eligible for by filing your 2020 taxes immediately even if you do not normally file. Once you file your taxes, you will get all EIPs that you […]
What does President Joe Biden’s recently-announced $1.8 trillion proposal mean to you? We know that the IRS is vigorously trying to close the tax gap and expected to increase Audits & Collections. Over the past 10 years, the IRS has become under-funded, with many IRS employees being let go. Over this time, the audits by […]
Year-end is the perfect time to reflect on accomplishments achieved since January. It’s also an important time to put things into perspective as we turn the page and start a new year. What We Learned With so much change in 2020, the opportunities to learn have been abundant. Take a moment and contemplate the following: […]
Now, more than ever before, the act of listening is important. Not only is it important to listen to someone, but to effectively listen to them. Sure, we all know that in order to understand individuals, to connect with them and understand their wants and needs, we need to be alert, focused, and mindful. After […]
How happy are you with your financial situation right now? In other words, do you feel personal financial pleasure or pain when it comes to your financial standing? That is what the Personal Financial Satisfaction Index strives to measure for the typical American. The PFSi is a quarterly economic indicator created by the American Institute […]
The IRS has started again to send the collection notices to taxpayers from late October. These notices were paused due to COVID-19. Now, the IRS’s mail backlog is caught up enough to enforce non-payments, and they will start levy, lien, and other threatening collection activities. Before the pandemic, there were about 15 million taxpayers in […]
It goes without saying that 2020 has been quite the year—and it’s not even over yet! Of course, any one of us could easily come up with a long list of things to be ungrateful for, a negative list of every bad occurrence that has taken place since March due to the Coronavirus pandemic. In […]