President Biden outlined several proposals that will impact salon professionals. Most of these proposals benefit the average salon worker, including childcare, eviction ban, a freeze on student loan payments and raising the minimum wage to $15 an hour. Some proposals were already implemented by executive order, and others need approval by Congress. BUT you must act on many of these to receive the benefit, so knowledge is king. Read on.
The recommendations below are part of the $1.9 trillion proposal as of this writing:
- Increase stimulus checks to $2,000. President Biden calls for more than $1,400 to bring the recent stimulus checks to $2,000 per person. If you earned $75,000 or less a year, you would receive an added $1,400 besides the $600 you already received. If you didn’t get your $600, you could deduct it from your tax return this April.
This time, adult dependents would qualify for the direct payments. Previously, only child dependents in qualifying households who were under 17 could receive a stimulus check. Mixed status households, where one spouse does not have a valid Social Security number, would also be eligible under Biden’s plan. In those families, spouses and children with Social Security numbers would qualify.