Featured
There Could Be More Income Tax Return Cash on the Table for You
For people who have not yet filed their tax returns, the United States Treasury Department and the Internal Revenue Service (IRS) announced March 21 that they are moving the 2019 income tax filing due date from April 15 to July 15 this year, a three-month extension.
After the IRS’s announcement, the state of California postponed its tax deadlines until July 15 due to the COVID-19 pandemic. That update superseded the California Franchise Tax Board’s (FTB) previous announcement that extended the period for filing and payment of taxes until June 15, 2020.
With the approval of the federal government’s $2 trillion stimulus package, designed to ease the financial impact of the global Coronavirus pandemic, taxpayers can take full advantage of several breaks federal and state agencies are offering.
Two tax credits specifically, one federal and the other in California, are aimed at giving families and businesses a lifeline.
For starters, eligibility for the California Earned Income Tax Credit (CalEITC) has been expanded. People who earned less than $30,000 in 2019 — including through self-employment — may qualify, and those who also have a child under age six may be eligible to claim the Young Child Tax Credit (YCTC).
California’s YCTC was introduced in 2019. Upon qualifications for CalEITC and having a child under the age of six as of the end of the tax year, taxpayers could qualify for up to $1,000 through this particular tax credit.
Between CalEITC and YCTC, FTB anticipates returning $1 billion to taxpayers this year.
Taxpayers earning less than $55,952 may also qualify for the federal EITC. Through a combination of CalEITC, YCTC, and the federal EITC, a family can receive up to $8,053.
You can submit retroactive claims for this credit for up to the last four years. The Volunteer Income Tax Assistance (VITA) program provides free tax help for those uncomfortable with submitting tax filings and earn less than $54,000 a year.
Responding to the economic challenges of the Coronavirus crisis, the federal government passed legislation that will provide up to a $1,200 payment for single individuals, $2,400 for married couples and various tax credits to businesses.
The legislation authorizes the IRS to issue to individuals with incomes of up to $75,000 a one-time $1,200 payment, phasing out at a rate of 5% for every $100 in income above $75,000.
The most important key to this tax credit for families and businesses is that emphasis is put on filing the 2018 tax returns, Horton said. They must be filed and the parties filing do not have to worry about previous hardships that prevented them from doing it.
Individuals with disabilities, the elderly and limited English speaking abilities need help filling out tax returns qualify. All income-eligible Californians who need help filing a Personal Income Tax (PIT) return can find it through the VITA program at sites statewide until July 15. All VITA volunteers are IRS-certified and can be trusted not to charge money for their services.
This tax season, the FTB expects to process 20 million PIT returns, and the IRS expects to process more than 150 million PIT returns.
Activism
Oakland Post: Week of April 24 – 30, 2024
The printed Weekly Edition of the Oakland Post: Week of April 24 – 30, 2024
To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.
Alameda County
DA Pamela Price Stands by Mom Who Lost Son to Gun Violence in Oakland
Last week, The Post published a photo showing Alameda County District Attorney Pamela Price with Carol Jones, whose son, Patrick DeMarco Scott, was gunned down by an unknown assailant in 2018.
Publisher’s note: Last week, The Post published a photo showing Alameda County District Attorney Pamela Price with Carol Jones, whose son, Patrick DeMarco Scott, was gunned down by an unknown assailant in 2018. The photo was too small for readers to see where the women were and what they were doing. Here we show Price and Jones as they complete a walk in memory of Scott. For more information and to contribute, please contact Carol Jones at 510-978-5517 at morefoundation.help@gmail.com. Courtesy photo.
City Government
Vallejo Welcomes Interim City Manager Beverli Marshall
At Tuesday night’s Council meeting, the Vallejo City Council appointed Beverli Marshall as the interim city manager. Her tenure in the City Manager’s Office began today, Wednesday, April 10. Mayor Robert McConnell praised Marshall’s extensive background, noting her “wide breadth of experience in many areas that will assist the City and its citizens in understanding the complexity of the many issues that must be solved” in Vallejo.
Special to The Post
At Tuesday night’s Council meeting, the Vallejo City Council appointed Beverli Marshall as the interim city manager. Her tenure in the City Manager’s Office began today, Wednesday, April 10.
Mayor Robert McConnell praised Marshall’s extensive background, noting her “wide breadth of experience in many areas that will assist the City and its citizens in understanding the complexity of the many issues that must be solved” in Vallejo.
Current City Manager Michael Malone, whose official departure is slated for April 18, expressed his well wishes. “I wish the City of Vallejo and Interim City Manager Marshall all the best in moving forward on the progress we’ve made to improve service to residents.” Malone expressed his hope that the staff and Council will work closely with ICM Marshall to “ensure success and prosperity for the City.”
According to the Vallejo Sun, Malone stepped into the role of interim city manager in 2021 and became permanent in 2022. Previously, Malone served as the city’s water director and decided to retire from city service e at the end of his contract which is April 18.
“I hope the excellent work of City staff will continue for years to come in Vallejo,” he said. “However, recent developments have led me to this decision to announce my retirement.”
When Malone was appointed, Vallejo was awash in scandals involving the housing division and the police department. A third of the city’s jobs went unfilled during most of his tenure, making for a rocky road for getting things done, the Vallejo Sun reported.
At last night’s council meeting, McConnell explained the selection process, highlighting the council’s confidence in achieving positive outcomes through a collaborative effort, and said this afternoon, “The Council is confident that by working closely together, positive results will be obtained.”
While the search for a permanent city manager is ongoing, an announcement is expected in the coming months.
On behalf of the City Council, Mayor McConnell extended gratitude to the staff, citizen groups, and recruitment firm.
“The Council wishes to thank the staff, the citizens’ group, and the recruitment firm for their diligent work and careful consideration for the selection of what is possibly the most important decision a Council can make on behalf of the betterment of our City,” McConnell said.
The Vallejo Sun contributed to this report.
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