MACC Biz Blurbs

MACC BIZ BLURBS

April 2, 2021

CATALYST. CONVENER. CHAMPION.

Keep a watch on your emails from the Chamber - we've been sending emails on Sector Guidance updates, Vaccine information AND MORE.

Yamhill County OPENED at the lower risk level beginning March 26, 2021.

Some highlights of the Lower Risk Level include:

Indoor dining allowed
Indoor capacity: not to exceed 50% maximum occupancy
Outdoor dining allowed
Outdoor capacity: 300 people maximum, including individual dining pods.
Individual dining pods allowed outdoors subject to outdoor
capacity limit.
Indoor and outdoor seating: 8 people per table maximum
12:00 a.m. closing time

For Guidance Documents by sector VISIT: https://coronavirus.oregon.gov/Pages/guidance.aspx

Congress passed an extension of the PPP (Paycheck Protection Program) that allows small businesses and eligible not for profits to apply for PPP loans through May 31^st. CO- and the US Chamber have provided a guide to small business Covid-19 emergency loans. You can read more here.

Business Oregon has a commercial rent relief program available to assist landlords and tenants. Information on the program, who qualifies, how much can be granted, how to apply and more can be found here.

The IRS extension of the tax filing deadline only helped some, but not all, tax payers. According to the AICPA (Association of International Certified Public Accountants), “The IRS’ failure to include estimated payments in its decision hurts taxpayers because so much tax return work has to be done to calculate estimated payments. More than 9.5 million individual returns filed for the 2018 tax year included estimated payments. The IRS’ selective decision unfortunately creates more bureaucracy and confusion and is out of sync with the real-world stresses faced by taxpayers, tax practitioners and small businesses.” The filing deadline for partnership and S Corps was March 15, and many find themselves on an extension cause by a late start at the IRS, plus delays in documentation for PPP loan forgiveness. Congress could consider delaying the due date for the first quarter 2021 estimated tax payment for individuals to May 15 to match the new deadline. If you are experiencing this issue, you can contact our Congressional leaders: Representative Suzanne Bonamici - OR01SBIMA@mail.house.gov, Senator Jeff Merkley Senator_Merkley@Merkley.senate.gov.

LEARN MORE ABOUT - B2 Community Care

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CHAMBER COMMUNITY PROFILE AND MEMBERSHIP DIRECTORY!

Interested in BEING SEEN?

One of the Chamber’s most requested publications, the directory is used throughout our community as well as a publication that is requested and sent out across the U.S. in response to inquiries from an extensive group of prospective customers who are interested in doing business in, visiting or relocating to the McMinnville area.

By choosing to participate, you will be working with the McMinnville Area Chamber of Commerce in making this valuable marketing piece a success, as well as joining prominent businesses working together to grow and sustain the economic vitality of our community. We encourage you learn more about this limited, first-reserved marketing opportunity for your business. ACT SOON!! INTERESTED? EMAIL THE CHAMBER NOW! Advertising deadline is April 23, 2021.