The task of tracking, understanding and applying for relief programs can be overwhelming. The City of Hastings provides FREE assistance through Open To Business. During these difficult times the Open to Business team is ready to discuss your business concerns from COVID-19 related funding needs (Federal, State) to cash flow and next steps for keeping your business open. Call (952-239-0767) or email (email@example.com) to get the help you need.
The Internal Revenue Service (IRS) has established a webpage with information about Coronavirus Tax Relief. Specific issues addressed in the IRS website include:
- Tax Day has been extended from April 15 to July 15. All taxpayers, including those who pay self-employment tax, may defer payment without penalty and interest regardless of the amount owed. No additional action is needed. The IRS website has more information on 2019 tax filing.
- Employers may be eligible to receive tax credits for paid sick leave and child care leave. Learn more about the tax credits at the IRS website.