ARTICLES
State Provision Conformity and Other State Updates
April 12, 2020
California Sales Tax Relief
On Thursday, April 2, 2020, Governor Gavin Newsom announced that California businesses with taxable annual sales of less than $5 million can take advantage of a payment plan where up to $50,000 of sales and use tax liability can be paid over 12 months, interest free. Taxpayers will need to file their sales tax returns as normal and then apply for a payment plan through the California Department of Tax and Fee Administration’s website.
https://www.cdtfa.ca.gov/services/covid19.htm#small-business-payment
All State Compliance Resources
For a comparison of state by state compliance with the latest provisions use the two links below:
For California FTB’s frequently asked questions see their latest FTB News here:
https://www.ftb.ca.gov/about-ftb/newsroom/covid-19/help-with-covid-19.html