State Announces Assistance for COVID-Impacted Businesses, Including Tax Relief & $500 Million in Grants

California is providing tax relief during the pandemic. Billions in immediate, temporary tax relief will support businesses impacted by COVID-19, including an automatic three-month extension for taxpayers filing less than $1 million in sales tax, interest-free payment agreements to larger companies with up to $5 million in sales tax and expanded interest-free payment options for larger businesses particularly affected by significant restrictions on operations based on COVID-19 transmissions.

Additionally, there is a Main Street Hiring Tax Credit for qualified small businesses equal to $1,000 per qualified employee, up to $100,000 for each small business employer. Application can be made at this link, beginning today, December 1.

Following is a list of state and federal COVID-19 relief programs for businesses:

2 comments

  1. I’m sure the Amazon subsidiaries will be first to get relief.

  2. Thank you so much for the info!
    Anaheim business owners appreciate it.

    Home Decor Furniture and Mattress
    /Home Staging

    95 e. Orangethorpe Anaheim CA 92801
    (657) 217-5718

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