Mehdiani Financial Management

The Coronavirus Response and Relief Supplemental Appropriations Act of 2021 is a $900B relief package to deliver a second round of economic stimulus for individuals, families, and businesses. The package provides relief through multiple measures and expands many of the provisions already put into place under the CARES Act. In this video, I highlight a few of the provisions.

Providing important updates on the CARES Act programs. Find out if you need to do anything to receive your stimulus relief payment, if and how to apply for Pandemic Unemployment Assistance as a business owner, and what to do now that the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) funds have run out. There will be an opportunity to ask questions following the presentation. Topics covered: Stimulus Relief Payments to Individuals... -Who qualifies -Do I need to do anything to receive it -How to track my payment Unemployment for Business Owners -Who qualifies -How much will I get -How to apply for it PPP & EIDL Ran Out of Money -What does this mean -What if I already submitted an application -What do I do now Q&A Session

FREE LIVE WEBCAST | REGISTER TO ATTEND: Join us on Wednesday, April 22 at 12pm PT/2pm CT/3pm ET as Alan Mehdiani provides important updates on the CARES Act programs. Find out if you need to do anything to receive your stimulus relief payment, if and how to apply for Pandemic Unemployment Assistance as a business owner, and what to do now that the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) funds have run out. There will be an opportunity to ask... questions following the presentation. Topics covered: Stimulus Relief Payments to Individuals -Who qualifies -Do I need to do anything to receive it -How to track my payment Unemployment for Business Owners -Who qualifies -How much will I get -How to apply for it PPP & EIDL Ran Out of Money -What does this mean -What if I already submitted an application -What do I do now Q&A Session

Alan Mehdiani discusses the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) programs which are part of the recently signed CARES Act. Both programs offer funds for businesses and if used appropriately, do not have to be repaid. Topics covered: -Detailed overview of the Payroll Protection Program (PPP) and the Economic Injury Development Loans (EIDL)... -Are you eligible and how do you apply -How much do you qualify for -How to get the loans forgiven -Which program you should apply for -Overview of unemployment for a business owner -Q&A session See more

Join us here on Friday, April 10 at 12pm PT / 2pm CT/ 3PM ET as Alan Mehdiani discusses the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) programs which are part of the recently signed CARES Act. Both programs offer funds for businesses and if used appropriately, do not have to be repaid. There will be an opportunity to ask questions following the presentation. Topics covered: -Detailed overview of the Payroll Protection Program (PPP) and the Econ...omic Injury Development Loans (EIDL) -Are you eligible and how do you apply -How much do you qualify for -How to get the loans forgiven -Which program you should apply for -Overview of unemployment for a business owner -Q&A session See more

Join us on Friday, April 10 at 12pm PST as Alan Mehdiani discusses the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) programs which are part of the recently signed CARES Act. Both programs offer funds for businesses and if used appropriately, do not have to be repaid. There will be an opportunity to ask questions following the presentation. Register Here: https://www.mehdiani.com/covid-19-funds Topics covered:... -Detailed overview of the Payroll Protection Program (PPP) and the Economic Injury Development Loans (EIDL) -Are you eligible and how do you apply -How much do you qualify for -How to get the loans forgiven -Which program you should apply for -Overview of unemployment for a business owner -Q&A session See more

We have compiled information on the tax and financial implications stemming from the coronavirus (COVID-19) pandemic. We cover everything from taxes to the stimulus bill and financial aid packages that are being made available to individuals and business owners. Check back regularly for updates.

If the deductions on your tax return are disproportionately large compared with your income, the IRS may pull your return for review. But if you have the proper documentation for your deduction, don’t be afraid to claim it. There’s no reason to ever pay the IRS more tax than you actually owe.

One way to protect yourself from cyber criminals is by sending sensitive documents securely over the internet.

We can extend the deadline to file the tax returns to October 15, 2020, but extensions don't allow more time to pay if a balance is due.

The premium tax credit helps individuals pay for health insurance they buy through the marketplace. It's available for people with household incomes ranging from 100% to 400% of the federal poverty level. Individuals who are eligible for Medicare, Medicaid or other federal insurance do not qualify. Ditto for people who are able to get affordable health coverage through their employer. The credit is estimated when you go on a marketplace website such as healthcare.gov to buy i...nsurance (the estimated premium subsidy for 2020 will be based on your expected 2019 income). You can choose to have the credit paid in advance directly to the health insurance company in order to lower your monthly payments. You then have to attach IRS Form 8962 to your tax return to compute your actual credit, list any advance subsidy paid to the insurer and then reconcile the two figures. The IRS is looking for people who receive the advance subsidies and either don't file returns or file returns but erroneously report the credit. Its computer systems are flagging returns of taxpayers who have modified adjusted gross incomes above the eligible limit to claim the break.

Tax savings start with tax planning.