Posted on 12/4/2020
BAR Stakeholders – California Governor Gavin Newsom has authorized new tax relief and grants to businesses impacted by COVID-19 restrictions. The Bureau of Automotive Repair is encouraging licensees to determine their eligibility for relief, which includes the following: Tax Relief for Businesses Impacted by COVID-19 The Governor will direct the California Department of Tax and Fee Administration to do the following: Provide an automatic three-month extension for taxpayers filing less than $1 million in sales tax on the return and extend the availability of existing interest and penalty free payment agreements to companies (with up to $5 million in taxable sales). Broaden opportunities for more businesses to enter into interest-free payment arrangements. Expand interest-free payment options for larger businesses particularly affected by significant restrictions on operations based on COVID-19 transmissions. $500 Million for New COVID Relief ... read more
Posted on 12/2/2020
Every year, hundreds of new laws are enacted that impact California automotive repair dealers. Below is a brief summary of key measures that take effect January 1, 2021, unless otherwise noted. Click here to view