City of Alameda Taxes, Fees and Licenses
Business License and Business Improvement Area fees: Payment of Business License and Business Improvement Area fees is deferred for sixty (60) days - from July 1 to September 1, 2020.
Transient Occupancy Tax: Payment of Transient Occupancy Tax is deferred for sixty (60) days, for the months of March, April, and May 2020, for local hotels and other businesses that require TOT collection.
State of California Taxes
Paycheck Protection Forgiveness
Paycheck Protection Program loans that were forgiven through the federal CARES Act and subsequent amendments will not be treated as income subject to California taxes. Please click here for current available information (more detailed information to be provided when available).
Main Street Hiring Credit
This tax credit applies to California companies that had 100 or fewer employees at the end of 2019 and then experienced at least a 50% drop in gross receipts during the second quarter of 2020. Those businesses will receive a $1,000 tax credit for each qualified employee hired between July and the end of November, up to $100,000 per business. Please click here for more information. Information on applications and approval process are expected in fall of 2020, and will be posted here when available.
State Payroll Tax Extension
Employers may request up to a 60-day extension from the EDD to file state payroll reports and/or deposit payroll taxes without penalty or interest. A written request for extension must be received within 60 days from the original delinquent date of the payment or return. Employers may call the EDD Taxpayer Assistance Center for more information at 1-888-745-3886/TTY: 1-800-547-9565.
Deferred Payment of Sales Tax
Effective April 2, 2020, small businesses with less than $5 million in taxable annual sales can take advantage of a 12-month, interest-free, payment plan for up to $50,000 of sales and use tax liability. Please click here for more information.
California State Tax Extension
The State of California has extended their tax filing and payment deadlines to July 15th, 2020 in many cases. Please click here for more information.
Employee Retention Tax Credit
Fully refundable tax credits are available for equal to 50 percent of qualified wages that eligible employers pay their employees. This Employee Retention Credit applies to qualified wages paid after March 12, 2020, and before January 1, 2021. Please click here for more information.
Federal Tax Extension
The IRS has extended the deadlines to file and pay federal income taxes to July 15, 2020. Please click here for more information.