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States Giving Out More Stimulus Money

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Below are states that are giving out stimulus money.

California

California has authorized payments of $600 to qualifying taxpayers in the state who make under $75,000. An additional $500 is also available for dependents. Disbursement is expected to begin in September, 2021.

Florida

In Florida, only first responders and educators are eligible for a fourth stimulus check. This stimulus check will come in the form of a $1,000 payment.

New Mexico

Residents of New Mexico who were not eligible for the federal stimulus checks can receive a payment from their local government. A total of $5 million was set aside to make payments (up to $750 per household), with the money going to the lowest income state residents first. Residents must apply through the YesNM Portal and have a driver’s license number, Social Security number, or Taxpayer Identification number.

New York

The state of New York created a $2.1 billion fund to provide payments of up to $15,600 for workers who are undocumented and who were thus excluded from receiving federal stimulus relief. Recipients must be New York residents, have lost earnings due to the pandemic, and have made less than $26,208 in 2020.

Texas

The state of Texas isn’t providing stimulus checks, but some local school districts are. Specifically, school employees in Denton will receive a $500 retention bonus along with a pay increase of 2% if they return for the upcoming 2021-2022 school year. And those who work in Irving will get a $2,000 retention bonus. Several other districts have voted to approve pay raises but not direct stimulus payments.

Smart Income Tax Filing for Uber & Lyft Drivers

Most Uber and Lyft drivers i.e. gig economy workers such as DoorDash Driver, InstaCart, UberEats, Postmate, or eveb Airbnb people prepare for tax filing by waking up and gathering receipts laying around or pulling out receipts they may have stuck away some where to file their tax return.

Next, they began price hunting googling and calling tax preparation services. The other option is to walk into a tax store such as Jackson Hewitt or H&R BLOCK ready to file their tax returns with the papers they gathered.

Alternatively, others choose the easier and simple way to file their tax return using intuit Turbotax. The Do-It-Yourself method.

These approaches are cavalier. This is the lazy man approach. This rob you of the Tax Deductions and Tax Credits you are entitle to if you keep good records.

Ridsharing workers (Uber & Lyft drivers) need to fully understand the Tax Benefits and Tax Advantages that come with good record keeping; or partnering with a Tax Professional such as a Tax Accountant all year round to take advantages of the Tax Savings, Deductions, and Credits you are entitle to.

At PREMIER Financial Tax & Accounting Services dba FRIENDLY Tax Services, we like to help you benefits from these tax deductions and credits tax by partnering wiith you all year round. We are gig economy experts; Uber and Lyft Income Tax Preparer Expert serving the Glendale, Burbank, Pasadena and the greater Los Angeles area. We will help you throughout the year in keeping good records so at tax time, we will prepare and file your tax return for half the cost you will pay a CPA.

We like to partner with you.

Friendly Tax Services

Friendly Tax Services is the premier income tax preparation firm for individuals, families, small business owners and the self-employed; Uber, Lyft, Taxi, and Limousine drivers; Actors, Independent Contractors and Entrepreneurs. We have empathy and understand the toll driving takes on Uber, Lyft, Taxi, and Truck drivers. That driving is time consuming. Uber drivers just don’t have the time it takes time to keep track of those business-related expenses.


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FRIENDLY Tax Services (Accountants and Tax Preparers)