The Ohio Department of Health (ODH) and the Ohio Environmental Protection Agency (OEPA) have provided guidance for building owners and tenants regarding the water service after little or no use during the Stay at Home orders. Please note that this guidance applies to the water systems of all types of buildings that are unoccupied or partially occupied during the COVID-19 pandemic, including but not limited to office buildings, manufacturing facilities, medical offices (e.g., physician and dentist offices, ambulatory surgery centers, outpatient centers, etc.), government facilities, and religious institutions. If you are a tenant of a building, it is recommend that you share this information with the building owner, building manager, or management company and ask them to consider taking these precautions.
While we may not be voting in person for the 2020 primary, there is still time to make your voice heard on important issues by casting an absentee ballot. As a result of House Bill 197, Ohio voters have until April 27 to have their absentee ballot postmarked in order for it to be counted in the primary election. County boards of election have also established drop boxes so that you can deliver your ballot, but ballots must be placed in the drop boxes no later than 7:30 p.m. on April 28 to be counted.
House Bill 197 extended the deadline to file and pay the state income tax without interest or penalty. The extension is available to those filing the Ohio individual income tax, school district income tax, pass-through entity and fiduciary income tax, and also extends to municipal net profit taxpayers that have opted-in to the state’s centralized filing system. Returns, payments and estimated payments with due dates from April 15, 2020 through June 15, 2020, including fiscal year filers, are extended without interest or penalty to July 15, 2020.
By Tim Schneider, Toledo Regional Chamber of Commerce At its regular meeting at 4:00 p.m. on April 7, Toledo City Council is expected to vote on Ordinance 137-20 which would extend the city income tax filing and payment date from April 15 to July 15, 2020. The ordinance specifically makes the city income tax deadline correspond with any extension to the federal income tax during the coronavirus/COVID-19 response. The Internal Revenue Service recently extended the federal income tax filing and payment deadline to July 15, followed by the Ohio Legislature extending the state income tax deadline to the same date via House Bill 197.
Here at the Toledo Regional Chamber of Commerce, we're working hard to help promote a thriving business environment. Please join us in welcoming our newest members, who joined in March 2020. Don't forget to visit our Business Resources page, where you'll find all of the initiatives we're working on and supporting in order to help you succeed.
Yesterday, the Small Business Administration began to offer an advance of up to $10,000 on its Economic Injury Disaster Loan for businesses being disrupted by COVID-19. For businesses that are experiencing a temporary loss of revenue, funds should be made available within three working days of a successful application. The loan will not have to be repaid. You can apply for the Economic Injury Disaster Loan Advance by clicking here.
Governor DeWine signed House Bill 197 into law this afternoon. Among the provisions included is moving the state tax filing deadline to July 15.
Also today, the United States Congress approved the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). It is expected to be signed by President Trump soon. The Ohio Development Services Agency is working this week to qualify Ohio for the U.S. Small Business Administration's (SBA) Economic Injury Disaster Loan Program. This program provides low-interest loans up to $2 million in order to help businesses overcome the temporary loss of revenue during the state of emergency. Non-profit organizations in Ohio will also be eligible for low-interest loans through the SBA's Economic Injury Disaster Loan program
While larger businesses have teams in place to plan and implement disruption plans, many smaller businesses typically do not have the same resources. The Toledo Regional Chamber of Commerce’s Small Business Development Center (SBDC) is available to assist small businesses in being prepared for an interruption in business operations, especially due to the recent spread of the Coronavirus. As events get canceled or supply chains interrupted, businesses need to be prepared for the effect these disruptions will have on their processes and workflows.
It seems winter is on its way out, though some may say it never really showed up. January 2020 averaged just over 35 degrees in Ohio, the warmest January since 2006. The mild weather has supported a lack of volatility in the electric and natural gas markets, but energy prices are playing limbo; how low can they really go?
|
Archives
July 2024
Categories
All
|