On March 12th, 2020 Sacramento approved a $1 million economic relief package consisting of zero-interest loans of up to $25,000 for small businesses hurt by COVID-19. These loans will focus on restaurants, retail, daycare. They will be paid out on a first-come-first-serve basis. Details are emerging; however, we know this will come in the form of zero-interest loans of up to $25,000 based on demonstrated need and be supported by a small business hotline. Further details are yet to be provided on how to apply; however, we are actively monitoring it. To reviewing the meeting, or obtain for info, please visit: https://sacramentocityexpress.com/2020/03/12/sacramento-city-leaders-announce-emergency-measures-to-help-residents-and-businesses-affected-by-covid-19/.
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California experienced extreme weather recently. As a result, the Internal Revenue Service and its Californian equivalent, the Franchise Tax Board (FTB), extended the tax filing deadline for most (but not all) Californians.
