To receive a grant, operators must own or run 20 or fewer establishments.
In March 2020, Sean Kennedy recognized COVID-19’s arrival as a “shattering moment for the industry.” The National Restaurant Association’s EVP of public affairs crunched numbers as officials warned against dining out, and then, piece-by-piece, mandated lockdowns across the country.
There was little time for a pipe dream. Kennedy penned a March 18 letter to Congressional leadership saying the Association anticipated sales to plunge by $225 billion over the next three months, with five to seven million jobs gone. Also, an immediate economic impact of $675 billion, given every dollar spent in restaurants generates an additional $2 elsewhere in the national economy.
Tax filing season is here. The California Franchise Tax Board (FTB) and the federal Internal Revenue Service (IRS) are now accepting and processing returns for 2020 income. The IRS has made programming updates following December 2020 tax law changes that provided a second round of economic impact payments. Under these changes, eligible individuals will receive any stimulus funds not yet received as a Recovery Rebate Credit when they file a federal tax return on their 2020 income.
For faster refunds and increased accuracy, taxpayers are urged to file electronically and provide their direct deposit information. The deadline to file and pay any tax owed is Thursday, April 15, 2021. For this filing season, FTB expects to process 20 million personal income tax (PIT) returns; the IRS expects more than 150 million PIT returns.
California Franchise Tax Board List of New Changes for Filing 2020 Tax Returns Published: Sunday, 14 February 2021 06:05
February 14, 2021 - California Franchise Tax Board: What s new for filing 2020 tax returns.
Resident state tax filers list
For taxable years beginning on or after January 1, 2020, taxpayers will include the address and county of their principal residence on either:
Form 540, California Resident Income Tax Return
Form 540 2EZ, California Resident Income Tax Return
This is part of our annual reporting requirements to the jury commissioner.
Taxpayers are required to provide this information if both:
They are 18 years of age or older
Have filed a California resident income tax return for the preceding year
The Internal Revenue Service is girding for the official start to tax season Friday as taxpayers and preparers deal with tax breaks related to COVID-19 and questions about stimulus payments.
Mere hours after the letter was released, Trump adviser Jason Miller said that the former president “will not testify” in what he described as an “unconstitutional proceeding . Trump’s lawyers dismissed the request as a “public relations stunt”. We are in receipt of your latest public relations stunt, Trump s attorneys Bruce Castor and David Schoen wrote in a response on Thursday, Xinhua news agency reported.
Trump supporters clash with police and security forces as people try to storm the US Capitol on January 6, 2021, in Washington, DC (Getty Images) As you certainly know, there is no such thing as a negative interference in this unconstitutional proceeding. Your letter only confirms what is known to everyone: you cannot prove your allegations against the 45th President of the United States, who is now a private citizen, they continued.