Carpio Tax Service

A father's letter to his kid: The 9 money and life lessons most people learn too late in life

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ARE YOU THE OWNER OF A BEAUTY SALON OR BARBER SHOP?

THE STATE ALREADY ALLOWED THE REOPENING. BUT, YOU MUST MEET A SERIES OF REQUIREMENTS BEFORE OPENING YOUR BUSINESS:

Services that ARE ALLOWED:

haircuts, weaves and extensions, braiding, extension maintenance, wig maintenance, relaxing hair treatments, and color or dye services can be provided

Services that are NOT ALLOWED:

Those that require touching the face, for example, eyelash services, depilation and threading of eyebrows, facials, etc.

REMEMBER THAT FAILURE TO COMPLY WITH THE ORDER MAY RESULT IN A FINE.

FOR MORE INFORMATION READ THE STATE'S GUIDANCE

https://covid19.ca.gov/pdf/guidance-hair-salons.pdf

Big changes could be coming for student loan borrowers More relief could be on its way to those struggling with student loan debt. Here are the proposals on the table.

Niños de edad escolar en California pueden recibir hasta $365 para comida

For those looking for information on stimulus payments, IRS will share it as soon as it’s available. In the meantime, there’s no need to sign up for anything – Just make sure you’ve filed a 2018 or 2019 tax return. www.irs.gov/coronavirus

Given the outbreak, IRS is suspending compliance programs temporarily to ease the burden on people facing tax issues. IRS is postponing payments related to Installment Agreements and Offers in Compromise and limiting other enforcement actions. See www.irs.gov/coronavirus

THE STIMULUS BILL PASSED!!!!

AT LAST, HELP IS ON THE WAY FOR STRUGGLING AMERICANS.

Here is some basic information, it is still not determined when people are going to get their money but hopefully as soon as April, The stimulus payments will be based on 2018 tax returns. If you have not yet filed your 2018 now is the time to file, because that is how the officials will determine how much you will get.

The amounts will be a one-time payment, which officials hope could go out to Americans as soon as early April. Will be based on income reported in 2018 taxes. The amounts will likely be $1,200 for a single person making less than $75,000.or $2,400 for a married couple making less than $150,000. Individuals making $99,000 or above or married couples making $198,000 or more would receive no check.

People would also receive an additional $500 per child.

Good news for those who were forced to file UNEMPLOYMENT because those covered may receive up to $600 per week on top of what states provide as a base unemployment for four months.

Worth sharing, it will for sure make somebody's day!!

Carpio Tax Service Income Tax, Accounting, Notary Public