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Calendar >  Vista Chamber of Commerce

Vista Chamber of Commerce

By   /  October 16, 2020  /  No Comments

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Resources for Business & Employers 10/15/2020

We continue to work for you, our members.Thank you for all you are doing to keep #VistaStrong!

Vista Is Open! offers two ways to bring more customers to Vista merchants and restaurants. Sign up as a consumer to purchase prepaid e-cards that work like a Mastercard to be used at participating businesses. Sign up as a business to attract the consumer and to accept the e-card at your place. E-cards make great gifts for employees, vendors and yourself. The Vista Goose Chase is another great way for businesses to attract foot traffic to your store. Sign up to participate!

Vista Bucks Dates: Oct. 26, 2020-Feb. 28, 2021Program: Consumers purchase $20 digital gift cards that have a $25 value from the Vistaisopen.com website. Consumers redeem the cards for purchases at your location through your credit card system! The money goes straight into your bank account with no extra steps! Sign Up Here

Vista Goose Chase Dates: Nov. 13-Dec.24, 2020 Program: Consumers download smarphone app that provides treasure hunt clues to locations throughout the business community. Consumers earn points for prizes and drawings by taking selfie photos at each location. Greet potential new customers as they find you! Optionally offer small additional prizes to entice more hunters to your location!

More CARES Act Stimulus Money Available – Deadline FRIDAY The County Board of Supervisor’s voted yesterday to allocate more CARES Act Stimulus money; each district will receive an additional $1.7 Million. Anyone who has already applied is eligible for additional funds and does not need to take further actions. If a business has not applied, they can apply anytime before midnight Friday, October 16th (this Friday). Below is a link to the Grant application: https://www.sandiegocounty.gov/stimulusgrant/

Business Sector for the County of San Diego COVID-19 Business Telebrief Summary Download the entire summary in a PDF Document HereWebsites/Resources: 

New Employer Tax Credits IRS Tax credits have been allocated to eligible businesses to offset the financial hardship of paying for sick leave related to COVID-19 under the Families First Coronavirus Relief Act (FFCRA). Eligible employers are entitled to receive a credit in the the full amount of the required sick leave and family leave, plus related health plan expenses and the employer’s share of Medicare tax on the leave, for the period of April 1, 2020 through December 31, 2020. The refundable credit is applied against certain employment taxes on wages paid to all employees. Eligible employers can reduce federal employment tax deposits in anticipation of the credit. They can also request an advance of the paid sick and family leave credits for any amounts not covered by the reduction in deposits. The advanced payments will be issued by paper check to employers.

Employee Retention Credit Eligible employers can claim the Employee Retention Credit, a refundable tax credit equal to 50 percent of up to $10,000 in qualified wages (including health plan expenses), paid after March 12, 2020 and before January 1, 2021.

Paycheck Protection Program Forgiveness for Loan On October 8, the SBA and Treasury announce a simpler PPP Forgiveness for Loan of $50,000 or less allowing lenders to process forgiveness more swiftly. The New Application does not require calculations. Small business owners are only required to provide supporting documentation showing payment of eligible costs.

U.S. Department of Labor Announcement On September 22, 2020, the U.S. Department of Labor (Department) announced a proposed rule addressing how to determine whether a worker is an employee under the Fair Labor Standards Act (FLSA) or an independent contractor. The Department seeks comment on all aspects of the proposed rule; comments can be submitted through regulations.gov until 30 days following the publication on the Notice of Proposed Rulemaking in the Federal Register. https://www.dol.gov/agencies/whd/flsa/2020-independent-contractor-nprm

Supervisor Jim Desmond Update 10/14/20 Get the latest editorial from Desmond about COVID-19. YouTube Video Here

Big News from Accion Regarding Loan Programs Accion is excited to announce that the San Diego County Board of Supervisors has approved the 1% COVID-19 relief loan product to businesses in the entire county. Eligible businesses located throughout the county can apply for the 1% COVID-19 relief loan. Small businesses can visit the following to get started and learn more about the qualifications and requirements:English: https://socal.accion.org/loans Spanish: https://socal.accion.org/prestamos

SDEAC – EDD Webinar October 2020 (San Diego Employer Advisory Council) Tuesday, October 27, 10-11 a.m.Join for a webinar with the EDD Tax Branch to learn about payroll taxes, employment status determination, independent contractors, and more! “Everything you need to know about CA state payroll taxes.” Register Here

CA Labor Law Posters Available for Pre-order It is mandatory that all employers have a current employment poster displayed at their place of business or they will incur fines and penalties by the State of California.Your Vista Chamber of Commerce is taking pre-orders now for 2021 Employment Posters. Pre-payment is required: $28.50 for a non-laminate English and Spanish poster.

Please contact us at Cathy@vistachamber.org.

October is National Cybersecurity Awareness Month This new report from the U.S. Chamber of Commerce and FICO focuses on the cybersecurity challenges of working from home during the current COVID-19 pandemic and provides recommendations that every company can use to enhance their cybersecurity.

Vista Chamber of Commerce 170 Eucalyptus Ave., Ste 115 info@vistachamber.org760-726-1122

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