Melissa Barlow RE/MAX Estate Properties

Just announced by the IRS for your April 2021 tax filing deadline. It has been extended to May 17, 2021.

https://www.inc.com//problem-solvers-stimulus-emergency-re

Please stay safe!

California State Controller's Property Tax Postponement Program State Controller Betty T. Yee administers the Property Tax Postponement (PTP) Program to allow homeowners who are seniors, are blind, or have a disability to defer payment of residential property taxes. Applicants must meet income, equity, and other requirements. If approved for the program, a lien will be placed on the property. These deferred taxes accrue simple interest at a rate of 5 percent a year and become... due if the homeowner moves or sells the property, transfers title, refinances, dies, obtains a reverse mortgage, or defaults on a senior lien. For manufactured homes, a security agreement will be filed with the Department of Housing and Community Development. A lien or security agreement remains in effect until the account is paid in full. PTP participants must reapply each year to demonstrate they continue to meet eligibility requirements. The application filing period for the 2020-21 tax year runs October 1, 2020, through February 10, 2021. Funds are limited and will be disbursed on a first-come, first-served basis. Last year alone, California homeowners were able to postpone $4 million in tax payments with the assistance of the state's PTP program. If you or someone you know could benefit from the PTP program, visit www.ptp.sco.ca.gov for more details and an application, call (800) 952-5661, or email [email protected] for more information. See more

https://www.ladwpnews.com/ladwp-and-la-city-council-presi/

Wildfire Relief TAX SAVINGS FOR MISFORTUNE OR CALAMITY If your property has been damaged by a recent wildfire you may be eligible for property tax relief. ... Please share this information with anyone you know who may have been affected by the fires or another natural disaster or calamity. In order to be eligible for disaster relief, the property must have sustained at least $10,000 in damage. A claim form Application for Reassessment: Property Damage or Destroyed by Misfortune or Calamity must be filed within 12 months of the date of the disaster. For other County resources for wildfire victims, call 211 or visit lacounty.gov/recovery.

Proposition 21 dangerously eliminates protections for small mom-and-pop landlords that rely on their rental income to pay for the essentials like healthcare and their mortgages. Vote No on #Prop21.

Property Tax Penalty Cancellation TAX COLLECTOR ACCEPTING WAIVER REQUESTS Taxes paid on business personal property (machinery, equipment, and furniture) are due August 31. A late payment normally results in a 10% penalty. However, if you are unable to make a timely or complete payment due to the impact of the COVID pandemic, you may file a Penalty Cancellation Request with the County's Treasurer and Tax Collector. (NOTE: The Assessor's Office is not responsible for property... taxes, only property valuation.) Important: The Penalty Cancellation Request can only be filed once the deadline has passed. In this case, starting September 1, 2020.

Unemployment/PUA Update California was approved Friday to receive a $4.5 billion federal grant to continue providing increased unemployment benefits to eligible California UI and PUA recipients. These funds will provide an additional $300 per week (on top of the existing state benefit) to claimants that are unemployed or partially-unemployed due to COVID-19 and that already receive at least $100 per week in either traditional unemployment benefits or Pandemic Unemployment Assistance (PUA), with the additional benefit retroactive to the week beginning July 26. California’s EDD has not said when the additional payments will be made, nor how long the additional funding will be available.

Love this C.A.R. Woman Up gif about women uplifting women.

FBI Warns of Increased Fraud Risk With more people using mobile banking applications during the COVID-19 pandemic to transfer funds and cash checks, the FBI issued a warning on June 10, 2020 that cyber actors will exploit these platforms. U.S. financial technology providers estimate more than 75 percent of Americans used mobile banking in some form in 2019. In a public service announcement, the FBI reported that studies of U.S. financial data indicate a 50 percent surge in mo...Continue reading