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Click Here For our Update and Resources on COVID-19

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:

https://aboutblaw.com/PDC

https://www.aicpa.org/content/dam/aicpa/advocacy/tax/downloadabledocuments/coronavirus-state-filing-relief.pdf

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