In response to the ongoing spread of the coronavirus, and through the recommendations of Governor Gavin Newsom and State Superintendent Tony Thurmond, San Bernardino County Superintendent of Schools Ted Alejandre released a statement yesterday (Wednesday, April 1), recommending all county school districts remain closed through the rest of the 2019-2020 school year in the interest of the health and safety of students, staff, and families. Morongo Unified School District Superintendent Tom Baumgarten released a letter stating that the MUSD school board will hold a special meeting on Tuesday, April 7, to discuss a resolution that, if adopted, would extend the school closure through June 10. Baumgarten went on to say that MUSD will continue to provide students with both distance-learning opportunities and student meals throughout the closure.
Governor Newsom signed an executive order Monday to expand tax relief for small business taxpayers. Rebecca Havely has the details…
Small businesses who owe less than $1 million in tax will have a three-month extension to file a state tax return. In addition, returns for the first quarter of 2020 will now by due on July 31. Qualifying taxpayers do not need to file a request for an extension or request relief from penalties or interest. The extension applies for those who will be receiving refunds or appeals; they will have an additional 60 days to file for a refund or request an appeal.
In accordance with the Executive Order issued by Governor Newsom to expand tax relief for small business taxpayers, the California Department of Tax and Fee Administration (CDTFA) has announced that all small businesses will have an additional three months to file returns and pay taxes administered by the department. Additionally, all businesses will have an extra 60 days to file claims for refund from CDTFA or to appeal a CDTFA decision to the Office of Tax Appeals.
CDTFA is providing a three-month extension for a tax return or tax payment to any businesses filing a return for less than $1 million in tax. For the approximate 99.5% of business taxpayers below the $1 million threshold for their current California sales and use tax obligation, returns for the 1st Quarter 2020 will now be due on July 31, 2020. The same provisions apply to the other tax and fee programs administered by CDTFA. Qualifying taxpayers are not required to file a request for extension or request relief from penalty or interest. This automatic extension will remain in effect through the reporting of taxes and fees due on or before July 31, 2020.
“This expands on the relief previously granted to small businesses, giving them an extra 90 days to file and pay any business taxes and fees administered by CDTFA without incurring any penalties or interest,” said Director Nick Maduros. “By including the $1 million threshold, we’re able to offer much-needed relief to small businesses across the state while still maintaining the integrity of our local finance system. Approximately 55% of the sales and use tax collected goes back to our cities and counties, which count on this revenue to provide essential public services.”
In addition to the three-month extension of time to file and pay taxes, the Executive Order issued by Governor Newsom also provides business taxpayers with additional time to file claims for refund and appeals to the Office of Tax Appeals. Taxpayers looking to make refund claims with CDTFA during this period will have an additional 60 days to file. Similarly, taxpayers seeking an appeal of a CDTFA tax determination to the Office of Tax Appeals will have 60 additional days to file the appropriate request.
The impact of Governor Newsom’s stay-at-home order on local businesses will range from substantial to catastrophic, and the town of Yucca Valley can expect to lose between $1 and $5 million in tax revenue. While there are no programs at the state or federal levels to help municipalities yet, last night the Yucca Valley Town Council passed an economic assistance package to help support local small businesses. Managing editor Tami Roleff explains what kind of help small businesses can expect…
Last night, the Yucca Valley Town Council unanimously approved an economic assistance package for small brick-and-mortar businesses in the town. The town will offer interest-free emergency loans of up to $5,000 for local small businesses with annual revenues of under $1 million. The loans are not available to short term vacation rental owners. In addition, the town will waive the payment of fees for business registration, short term vacation rental renewals, and transient occupancy taxes, as well as a waiver of late fees or penalties on licenses and registrations through June 30. The town will allocate $250,000 from its Measure Y funds for the interest-free loans.
In other business, the council decided it wanted the “biggest bang for the buck” for its new aquatics center. The $22.5 million dollar facility will be built next to the Boys and Girls Club and would have a hybrid indoor pool, a splash pad, a gymnasium, and a space to consolidate park staff. Future phases would include an outdoor 33-meter pool, and another gym.
This proposal also has the highest cost recovery rate of the six plans considered, at 47 percent, meaning usage fees would pay for an estimated 47 percent of the center’s upkeep. The annual cost to maintain the proposed facility is estimated to be about $822,000, and fees would bring in between $250,000 and $300,000.
Many individuals and businesses across California have been affected by the outbreak of coronavirus. With the number of business closures growing to prevent further outbreaks, many workers have been left with questions as to how to protect themselves, their jobs, and their homes during this difficult time. Reporter Andrew Dieleman fills us in on recent legislative orders and updated resources available for businesses, workers, and individuals impacted by these closures…
California Governor Gavin Newsome recently signed executive orders for Californians affected by coronavirus. The orders authorize local governments to halt evictions for renters and homeowners; slow foreclosures; and protect against utility shutoffs (order N-28-20); and waive the one-week waiting period to apply for unemployment (order N-25-20).
Additionally, the Labor and Workforce Development Agency has published an official link containing resources to inform employers of assistance programs and protecting workers with numerous support services available to them.
Information for businesses and workers affected by Coronavirus:
Governor Gavin Newsom has asked California residents to stay at home, and all non-essential businesses to close. Many residents wonder who is affected by the stay-at-home order, and who is not. Managing editor Tami Roleff has some information about businesses that are considered essential…
The Cybersecurity and Infrastructure Security Agency, a division of the Department of Homeland Security, has identified workers who are considered essential and should continue reporting to work. The industries they support include healthcare, telecommunications, information technology, defense, food and agriculture, transportation, energy, water, law enforcement, public works, banks, the military, and media. However, the CISA advises workers to work remotely whenever possible. If workers can’t work remotely, businesses should try to shift work hours and days and use social distancing. A link to more information can be found below.