Tax Relief and Small Business Grants Resources

Tax Relief and Grants for Small Businesses

California has increased support for California small businesses through hiring tax credits, automatic sales tax extensions, and access to capital. 

"Main Street" Small Business Hiring Tax Credit

Starting today, qualified small businesses adversely impacted by Covid-19 can reserve tax credits for hiring full-time employees.  There are a limited number of credits available – so be sure to share this message TODAY. 
 
To qualify for the credit, taxpayers (employers) must:

  • Have 100 or fewer employees on December 31, 2019 (all employees, including part-time employees).

  • Have experienced a 50% decrease in gross receipts from April to June 2020, compared to the gross receipts in April to June 2019.

  • Apply for a tentative credit reservation from CDTFA between December 1, 2020 through January 15, 2021.

For more information or to reserve your credit, click here
 
Access to Capital & Technical Assistance
 
The California Rebuilding Fund is now taking loan applications to support California's small businesses—especially those located in economically disadvantaged and historically under-banked areas. Businesses with 50 employees or less and revenues less than $2.5 million or below in 2019 are eligible to apply.
 
For more information or to apply, click here
 

Sales Tax Relief

There is also an automatic three-month tax extension for taxpayers filing less than $1 million in sales tax, an extension of existing interest and penalty-free payment agreements to companies with up to $5 million in taxable sales, and expanded interest-free payment options for larger businesses particularly affected by significant restrictions on operations based on Covid-19 transmissions. For more information, click here

State grants for eligible non-profits, small and micro-businesses. California's Office of the Small Business Advocate is working to establish the program. For updates, please sign up here.

Additional Support for Business Owners 

During this unprecedented economic time, California has taken multiple actions to support small businesses.  This includes:

  • Expanding eligibility for the California Earned Income Tax Credit to self-employed and small business owners.

  • Waived $800 minimum franchise tax for small and medium-sized businesses during their first year of business creation.

  • Exempting Paycheck Protection Program (PPP) loans provided to California small businesses under the CARES Act.

For a complete list of programs to support California businesses, click here

Assistance for Small Business Owners and Entrepreneurs

Businesses looking for more information about the variety of COVID-19 disaster programs can use the phone numbers and emails below to access qualified business counselors at no charge. The Small Business Development Centers are committed to having every call returned within 24 hours. For further assistance please visit the JEDE Committee Website. 

State Assistance for Small Business  

$500 Million for New COVID Relief Grant for Small Business. The Governor announced the creation of a $500 million COVID Relief Grant administered by the California Office of the Small Business Advocate (CalOSBA) at the Governor’s Office of Business and Economic Development for small businesses that have been impacted by COVID and the health and safety restrictions. Funds would be awarded to selected intermediaries with established networks of Community Development Financial Institutions to distribute relief through grants of up to $25,000 to underserved micro and small businesses throughout the state by early 2021. Non-profits would also be eligible for these grants. CalOSBA is establishing the program and will make it available to small businesses as soon as possible. 

County and City Small Business Grants

The OC Small Business Relief Program: Unincorporated Grants will allow eligible businesses to receive up to $10,000 in grant funds. This funding is intended to help local small businesses mitigate economic losses resulting from COVID-19, sustain workforce levels, and promote economic recovery from pandemic-related matter. 

North Orange County Chamber of Commerce offers a downloadable step-by-step guide to help your company reopen safely and keep employees and customers healthy and informed as restrictions lift across the country. The playbook includes safety and sanitation guidance, communications advice, and other best practices information. 

Anaheim Chamber of Commerce offers business resources and further assistance for those who are needing assistance or seeking grant support for their business to recover. 

SafeDineOC Restaurant Program The County of Orange is supporting local restaurants that are reopening safely. Recipients can receive up to $5,000 in grant funds to reimburse for masks, employee training, site reconfiguration, cleaning supplies, and more.

California Business Portal

California Business Portal is an online computer platform where businesses can search and find custom information related to your business. There is a Service Desk with answers to common questions and a search tool to help you identify local, regional, state, and federal license and permitting requirements. The California Business Portal was developed and is maintained by GO-Biz.

Office of the Small Business Advocate

The Office of Small Business Advocate provides information and assistance to small businesses to help them succeed in the California marketplace. The Office hosts a variety of summits, forums and interagency meetings. It also maintains a comprehensive list of resources for small business technical assistance, financing and state procurement.

SCORE – Business Mentoring

SCORE is a national network of over 14,000 entrepreneurs, business leaders and executives who volunteer as mentors to America’s small businesses.

OC One Stop Mobile Program

The program starts on May 3, 2021 from 10 a.m.- 4 p.m., running 1 month long for only Buena Park residents. No walk ups. Appointments Only!

CA Relief Grant – Join us on April 26th to learn about Round 6!

California Grant for Small Business and Nonprofits: Get Ready to Apply for Round 6

Monday, April 26 from 11am to 12pm
Register (if you can't attend live, you'll get the recording!)

Join us as we again host Janet Perez Shensky of Lendistry to answer your questions about the program and go through the application process with an emphasis on how nonprofits can fit into the application form. Register here.

We'll share updates, answer your questions, and help you figure out when, if, and how to apply.

THIS WEBINAR WILL BE RECORDED AND EMAILED TO ALL REGISTRANTS A FEW DAYS LATER.

Round 6 Eligibility, Dates, and Details

Round 6 is open to new applicants, waitlisted applicants, and those denied in other rounds*

*Arts and cultural organizations: Waitlisted in Rounds 1-2? Do not reapply. First applied in Round 4 but not selected in Round 4 and annual revenue is under $2.5 million? Reapply in Round 6.

*Everyone: Denied for using the wrong form in an earlier round? Reapply in Round 6.

  • Round 6 is open from April 28 to May 4. Click here on April 28 to apply.
  • Read our FAQ’s before you get started.
  • Make sure you are using Google Chrome as your browser
  • Make sure you select the correct application, either nonprofit or for-profit.
  • Small businesses, click here.
  • Visit our YouTube page to view previous webinars.

Getting Help

  • Contact Sue Sigler, CalNonpropfits, at SueS@calnonprofits.org or call Sue at 415-535-0738 for questions about the content of your application.
  • CalNonprofits has no control over the Lendistry application website. For technical questions related to website functioning or application status, please call 888-612-4370, M-F, 7am-7pm, or email careliefgrant@lendistry.com.

Check www.calnonprofits.org for frequent updates, FAQ, and "Where is my application?" chart.

Help others

There are thousands of nonprofits – especially smaller ones, rural ones, and ones in low-income and/or communities of color – that either haven't heard of this grant program or got confused by the process in the first rounds. Take a minute to think of an all-volunteer food pantry, dance troupe, soccer league, drill team, or other organizations you can share this information with – and encourage them to apply.