BZ Beez Tax & Insurance Services

The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. The IRS will be providing formal guidance in the coming days.

As you know, the American Rescue Plan Act passed 3/10/21and is expected to be signed into law shortly. The most notable change for tax purposes makes the first $10,200 of unemployment relief received in 2020 exempt from tax for households with up to $150,000 of income. Please be advised that it is unclear how the IRS or the states will handle this change in treatment of unemployment compensation for taxpayers who have already filed their 2020 returns. Consequently, we strongly recommend that you delay filing amended returns pertaining to these changes until the IRS and the states release official guidance, as doing so now may require you to make additional adjustments later. ***FYI, WE WILL KEEP YOU INFORMED AS SOON AS WE GET INFORMED. THANK YOU!

California will provide the Golden Status Stimulus payment to families and people who qualify. This is a one-time $600 or $1,200 payment. You may receive this payment if you receive the California Earned Income Tax Credit (CalEITC) or file with an Individual Taxpayer Identification Number (ITIN). The Golden State Stimulus aims to: Support low-income Californians... Help those facing a hardship due to COVID-19 For most Californians who qualify, you don’t need to do anything to receive the stimulus payment. Check if you qualify for the Golden State Stimulus To qualify, you must: Have filed your 2020 taxes Be either: A CalEITC recipient An ITIN filer who made $75,000 or less (total CA AGI) Be a California resident on the date payment is issued Be 18 years or older as of the last date of the tax year Not be eligible to be claimed as a dependent Qualify for CalEITC To qualify for CalEITC, you must: Have taxable earned income up to $30,000 Not use married/RDP filing separately if married or RDP Live in California for more than half the year Meet all other qualifications Visit CalEITC for more qualifications and other information.

We are ready for your tax preparation service needs ! Get money as quick as 24 hours or less! Walkins or appointments ! 951-929-6500

July 15 , deadline for taxes! Call and make an appointment, you can still file an extension for October 15,2020. 951-929-6500July 15 , deadline for taxes! Call and make an appointment, you can still file an extension for October 15,2020. 951-929-6500

Here u go , now you can check ur status of ur stimulus checks, and update your direct deposit information. IRS.Gov

For your information, we are open filing taxes, with appointments only. Please call and schedule an appointment.

FYI tax filing deadline has been extended as well as the payment deadline to July 15,2020

Feeling proud to be able to be on the front page of our local magazine

WE ARE ISSUING MONEY IN 24 hours or less !! Bring in your W-2 and let’s get started !! We are ready to get you started, with up to $6000 advance!!! **2020 Tax Season is scheduled to begin on Monday January 27th. On this day, the IRS will begin accepting and processing 2019 tax year returns.