Turner Accountancy

Here is information on the new American Rescue Plan Act of 2021. We are available if you have any questions. 619-420-6652

If you have a question and worry where to go because even for asking a question they charge... not with Veronica and their office. Thank you for all your help.

Covid relief bill changes tax rules midseason. What to know about filing an amended return. If you need help or have questions please give our office a call. 619-420-6652

Congress finally passes Biden's Covid-19 stimulus bill. Follow the comments to find out more!Congress finally passes Biden's Covid-19 stimulus bill. Follow the comments to find out more!

Chula Vista is now enforcing stay-in-place. Penalty is set for a $1,000 fine or 6 months in Jail. Our office is still working to make sure our clients are taken care of, however please be mindful of our cities new mandates.

The IRS released information regarding the stimulus payments! A few common questions I have been receiving were: If you are not normally required to file a tax return you must now file a zero return and include your direct deposit information.... If you did not direct deposit or a paper check was mailed on 2018 and or 2019 the IRS is working to create a web based program to have you submit your bank information. Please feel free to take a look at their information and if you have any questions please give us a call.

PROTECT YOUR SELF FROM STIMULUS SCAMS Be alert for phone scams. The Internal Revenue Service (IRS), Treasury Department, or any other government agency will not contact you by phone to collect information for stimulus payment processing. Period.... Be alert for phishing scams. Government agencies will not email or text you to collect information for stimulus payment processing. Watch for suspicious emails or texts with links or attachments requesting information for processing stimulus deposits or checks. If you receive one, do not click the link or open the attachment. It’s a scam. Delete it. Be alert for state-related scams. State agencies will also not call, email or text you to collect information or a fee to process a stimulus payment. To date, no state has introduced their own version of a stimulus payment. As of now, we are only aware of one communication a taxpayer will receive from the IRS. No later than 15 days after distributing a stimulus payment, the IRS is required to mail a notice to the taxpayer indicating the payment amount, whether the payment was mailed or deposited, and a phone number to call if the taxpayer did not receive the payment. Victims or targets of stimulus payment scams should report it immediately to the Federal Trade Commission, www.ftc.gov/complaint. We will provide more information about the IRS’s plans to process stimulus payments as it becomes available.

Please let us know if you or anyone needs help applying for the Small Business Stimulus Loan! We have these packages available for pick up and drop off. Turner Accountancy will be helping people every step of the way through this process. Just let us know and we can help you get started!

SMALL BUSINESS RELIEF BILL Key Points: Portion if not all of loan may be forgivable if business maintains payroll. Businesses that maintain payroll also will be eligible for utilities and rent assistance.... Self employed and gig workers qualify for unemployment aid. See more

Stimulus Checks Should Be On The Way Soon The Senate passed a massive stimulus package (the House has yet to vote but is expected to follow suit). A key feature of the stimulus is individual checks. As with anything tax-related, there’s a little bit of confusion. To help you sort it out, here are a few questions and answers.

The IRS has extended the filing deadline until July 15th. If you still are looking to file our office is fully functional and is working with clients remotely. We can be reached via email or by remote phone number: (619) 677-1708

In light of State Governor Newsom’s Thursday 3/19/20 Statewide order to stay at home to be interpreted as preparation for lock down, Turner Accountancy will be closed. If you need to contact us we will be available via email and will be working from home until this order is lifted. Thank you!

Repetitive Question Asked regarding Stimulus Checks: Do you have to sign up for the payments? Is there a form? How will the government know where to send the money? What if I've recently moved? These are all important and for now unanswered questions. The federal government would have addresses for people who paid taxes, earned income or received government payments last year. But those could be out of date, especially for renters or people without stable residences, who ...are likely in most need of financial help during the crisis. Best thing to do is ensure your Address is up to date with the IRS by using the following methods provided in the link.

The SBA offers disaster assistance in the form of low-interest loans to businesses, renters, and homeowners located in regions affected by declared disasters. **San Diego has been declared an eligible Disaster Area** See link to apply and find out more.

STATE OF CALIFORNIA

Employees/Employers STATE OF CALIFORNIA: If you have been or are impacted by COVID-19 by hours being cut or becoming ill, the California Labor & Workforce Development Agency is helping to keep workers, employers, communities and families safe. To help understand what resources may be available to you please see attached picture for details. We are working to stay as up to date so that we can help answer all of your employee and employer questions.