South Tyneside Court Round Up, Articles OTHER

Governor Andrew M. Cuomo today announced that applications are now open for the $800 million COVID-19 Pandemic Small Business Recovery Grant Program. What do I do? If you are already a registered applicant, you can go directly to the FEMA Grants Portal to apply. File a complaint online with our Inspector General (OIG) or call their Hotline. The program will issue a payment to an eligible North Carolina business that felt an economic loss of at least 20% during the COVID-19 pandemic. 9. Internal Revenue Service interactive tool: Is My Child a Qualifying Child for the Child Tax Credit? The child is your son, daughter, stepchild, eligible foster child, brother, sister, stepbrother, stepsister, half-brother, half-sister, or a descendant of any of them (for example, your grandchild, niece, or nephew). Black, Hispanic, Asian-American or American Indian, Socially and Economically Disadvantaged person. The business has gross receipts that were not reported on Form E-500. Raleigh, NC 27602. 2. What should I do? International Women's Media Foundation Accepting applications for grants up to $2,000 for women who identify journalists facing significant financial hardship, lost work, were recently laid off or who urgently need assistance due to the effect of COVID-19 In general, if your Social Security benefit is your only source of income, then Social Security benefits are not considered federal taxable income. Nearly two years into the pandemic and almost a year after Congress approved the aid, funds are finally available to North . My application for Phase 1 understated my Pre-COVID gross receipts reported on my Form E-500 or federal Form 1065. These grants are part of North Carolinas efforts to support businesses as they recover from the effects of the COVID-19 pandemic. Treasury Announces $30 Billion in Emergency Rental Assistance Spent or Obligated with Over 4.7 Million Payments Made to Households Through February 2022. The Department mailed paper checks to grant recipients using the mailing address provided by the applicant on the application. You can. If a business has more than one owner, will each owner receive the grant? If all of your business gross receipts for transactions apportioned to North Carolina were reported on Form E-500 or federal Form 1065, then you are ineligible to receive a grant in Phase 2. Is the grant amount shown on Form 1099-G with a Line 3 Grant subject to North Carolina income tax? Why isnt there withholding on my Form 1099-G with a Line 3 Grant? Could I have applied for the grant? What is a Form 1099-G with a Line 3 Grant and why did I receive one from the North Carolina Department of Revenue? Individuals who did not file a 2019 state tax return solely because the individuals federal gross income for the 2019 taxable year did not exceed the states filing requirements for the individuals filing status for tax year 2019, and who missed the Programs original deadline. The business is a taxpayer subject to income tax under Article 4 of Chapter 105 of the North Carolina General Statutes. The grant is not subject to North Carolina income tax. ARP American Rescue Plan Homeless Children and Youth II (ARPHCY II) Allocations ARP ESSER Preliminary Allocations ARP-HCY II Formula Grants Additional guidance is available on our website in the instructions for North Carolina income tax returns. You will qualify to receive the grant if you meet all of the eligibility requirements. In addition, a business that was ineligible during Phase 1 because it received other COVID-19 relief may now be eligible for a grant in Phase 2. You will qualify to receive the grant if you meet all of the eligibility requirements, including the requirement that you must be allowed a federal child tax credit for calendar year 2019. It typically takes FEMA two to three weeks to review and email new organizations about their applications approval. No. Provide technical assistance to help applicants register in the FEMA Grants Portal and to submit their required documentation. Economic loss is determined based on the amount the business gross receipts in North Carolina were reduced from the period March 1, 2019 through February 29, 2020 (Pre-COVID Period) to the period March 1, 2020 through February 28, 2021 (COVID Period). If the grant is included in federal AGI or federal taxable income, North Carolina allows a deduction for the grant payment on the North Carolina income tax return. If I made a mistake on my Phase 2 application or forgot to include an attachment, how can I correct it? 1. In addition to meeting other eligibility requirements, generally, your child must be claimed by the custodial parent which is the parent with whom the child lived for the longer period of time during the year. Any federal grant payments received were from a federally administered program on behalf of the U.S. government. If you did not receive a federal child tax credit for calendar year 2019 because the federal tax credit was eliminated under federal law, you are not eligible for the grant. COVID Funds COVID Funds Expenditure and Allotments Data for 2022-2023, spreadsheet as of January 31, 2023 Expenditure and Allotments Data for 2021-2022, spreadsheet as of June 30, 2022 Allotment and Expenditure Data Visualization - data is through January 31, 2023. Screening and temperature scanning, including, but not limited to, the purchase and distribution of hand-held temperature measuring devices or temperature screening equipment. An official website of the State of North Carolina, Extension for Filing Individual Income Tax Return, Individual Estimated Income Tax-Form NC-40, Sales and Use Electronic Data Interchange (EDI), Electronic Filing Options and Requirements, Frequently Asked Questions About Traditional and Web Fill-In Forms, Authorization for Bank Draft Installment Agreement, Updated Individual Income Tax Adjustment Notice, Attachment and Garnishment Employer Copy, Attachment and Garnishment Taxpayer Copy, Confirmation of Installment Payment Agreement, Notice of Collection Amount Shown Due But Not Paid In Full, Notice of Individual Income Tax Assessment, Climate Change & Clean Energy: Plans & Progress, Business That Did Not Receive a Grant in Phase 1, Business That Received a Grant in Phase 1. For more information on what is considered other COVID-19 relief, go to Section III, Question 2. COVID-19 Capital Costs Tax Credit Program $250 million in tax credits to provide financial assistance to New York State small businesses burdened with a range of operational costs stemming from the COVID-19 pandemic, from structural changes and building upgrades to health-related supplies and materials. These grants will be a lifeline to help businesses across the state who have been devastated by the COVID-19 pandemic. 14. This determination is based on federal law. Federal gross income means all income you received in the form of money, goods, property, and services that isnt exempt from tax. To learn more, view our full privacy policy. A lock icon or https:// means youve safely connected to the official website. Acquisition and installation of temporary physical barriers, such as plexiglass barriers and screens/dividers, and signage to support social distancing, such as floor decals. almost 27 billion was allocated through the COVID -19 Business Grants scheme to local authorities in England, which delivered over 4.5 million payments totalling 22.6 billion, to businesses. The Extra Credit Grant program was established by law in 2020 to use funds from the Coronavirus Relief Fund to help families with qualifying children in North Carolina by providing economic support to assist with virtual schooling and child-care costs during the COVID-19 pandemic. Your economic loss is determined based on the amount your gross receipts in North Carolina were reduced from the period March 1, 2019 through February 29, 2020 (Pre-COVID Period) to the period March 1, 2020 through February 28, 2021 (COVID Period). On October 5, 2022, the Department mailed letters to applicants that were not approved. File an amended 2019 Form D-400 and correct one or more of the conditions that caused you to be ineligible for the automatic grant. Your HUB status has no bearing on the Department of Revenues Business Recovery Grant Program. Learn more about SVOG Restaurant Revitalization Fund Funding for eligible restaurants, bars, and other food service businesses. However, to amend your return to change line 10a, you must follow the steps below: If you file the amended return by mail, write Extra Credit Grant Program at the top, right hand corner of the 2019 Form D-400. Businesses classified in NAICS codes 71 and 72 include businesses primarily engaged in the following sectors: Accommodation, Food Services, Arts, Entertainment, and Recreation. If you meet all eligibility requirements, you could have applied for a grant. Will the grant be included in my North Carolina taxable income? Am I eligible for a grant? The Department of Revenue does not control the amount of the grants. How do I determine my gross receipts? Private non-profits shouldbe prepared to provide extra documentation to demonstrate eligibility, including articles of incorporation, charterand bylaws. I engage in roles as: -An assistant professor in the Kinesiology Program (Physical Education Program at hire) - 2017 to present -A program coordinator for Kinesiology, Health, Physical Education . A NCEM Public Assistance grants manager will be assigned to guide you through the reimbursement process and answer any questions. Learn more After completing the Grants Portal registration,complete and submit your Request of Public Assistance (located in the dashboard after you log back in). You are a taxpayer subject to North Carolina income tax imposed by Article 4 of Chapter 105 of the North Carolina General Statutes. You do have the option to complete the Application for Extra Credit Grant Program (NC-1105) instead of filing an amended return (see above FAQ). Gross receipts not listed on the Form E-500s but reported on your federal Form 1120 or Form 1065, if applicable, must have been included in the calculation for the entity that files the income tax return provided the gross receipts are for transactions apportioned to the State. You have 90 days from the date the check was written to deposit the check. This stamp revalidates the check date for payment or deposit and may be presented to any financial institution or to businesses that allow check cashing. Submitting the State-Applicant Disaster Assistance Agreement - 3 min. In addition to the $800 million in education funding included for identifying and supporting children and youth experiencing homelessness, there are opportunities across other funding streams to target supports . COVID-19 Health Equity Task Force: Knowledge Center: Minority Population Profiles: . If you receive a grant in error you must send the funds back to the Department using this mailing address: NCDOR Therefore, a Phase 2 application cannot be amended at this time. Your Form 1099-G with a Line 3 Grant does not including withholding because no tax has been withheld from your grant award from the Business Recovery Grant Program. No. You do not have to submit a request for reimbursement as part of the registration process. No. (b) Report at least one qualifying child on Line 10a of Form D-400 for calendar year 2019. The gross receipts on Line 5b of the Phase 2 application must be greater than the gross receipts on Line 8b of the Phase 2 application. North Carolina families with qualifying children who were 16 or younger at the end of 2019 who did not already receive the $335 check from the NC Department of Revenue. The Business Recovery Grant Program issued payments to eligible North Carolina businesses that experienced a significant economic loss due to COVID-19. The application period for the Extra Credit Grant applications closed on July 1, 2021. Hospitality grants are available to eligible arts, entertainment and recreation businesses, as well as eligible accommodation and food service businesses such as hotels, restaurants and bars. Should I have applied for a grant for each location? What is the NAICS code and where can I locate my businesss NAICS code? Check the State tax return you filed for calendar year 2019 to see if you indicated on the return that you, and your spouse, were residents of North Carolina for the entire year. Yes, you are still eligible. Changes to the Program for Phase 2 allow a business to calculate its economic loss using an expanded list of tax forms making the Program available to businesses that do not report gross receipts on Form E-500 or federal Form 1065. We are grateful to state lawmakers and the Governors Office for providing this funding and to the N.C Department of Revenue for their quick implementation of the program., Weve been working to ensure that minority and women-owned businesses are a vibrant part of our economy, said Kevin J. No. 2022 Rutherfordton, North Carolina - Henry Neil (Soapy) Castles Sr. If you received a Form 1099-G with a Line 3 Grant after filing your return, you may need to file an amended federal and State income tax return. 15. It depends. All grant funds have been distributed to businesses. Most Service Centers are now open to the public for walk-in traffic on a limited schedule. The business has gross receipts that were not reported on federal Form 1065. All grant payments have been issued by check to eligible individuals. For federal tax purposes, the 2019 federal child tax credit is reduced when a taxpayers modified adjusted gross income exceeds $400,000 for individuals who file a joint tax return with their spouse, and $200,000 for all other filing statuses. You cannot appeal this decision. Secure websites use HTTPS certificates. For more information, contact a tax professional or see Publication 17, Tax Guide for Tax Year 2019, available on the Internal Revenue Service website. While no additional state and local aid was provided, an extension of the deadline by which the Coronavirus Aid, Relief, and Economic . You will receive the grant if you meet all of the eligibility requirements, regardless if you owe money to the Department. Additional guidance is available on our website in the instructions for the North Carolina income tax returns. Friday, May 20, 2022 - 00:00 RETOOLNC Grant Program Relaunches for Third Round of Funding June 1st All NC HUB certified firms interested in applying are encouraged to attend Q&A webinar May 26 . 1. You must have included the gross receipts that will be reported on Line 1 of the E-500 when calculating your gross receipts for the COVID Period.. The child lived with you for more than half of 2019. If you received an email confirmation with the subject line Completed: Please DocuSign: NC-182 Phase 2 Application for Business Recovery Grant Program, then the Department is in receipt of your electronic application. Could I have used my Streamlined Sales Tax Identification Number (SST ID) instead of the NC Sales and Use Tax Account ID? The WIOA Dislocated Worker Funds for Underserved COVID-19 Impacted Individuals program pays up to $800 per person for basic needs, such as housing, utility assistance, child care,. Eligibility Grant period: 2021-2024. The grant is not subject to North Carolina individual income tax. 16. Secure websites use HTTPS certificates. While checks list the State Treasurer on them, the Department of State Treasurer cannot cash or assist with the checks. The University of North Carolina at Pembroke. Form 1099-G with a Line 3 Grant is a report of the grant payments you received from the Business Recovery Grant Program during the calendar year. The child did not provide over half of his or her own support for 2019. You could not apply for an additional grant in Phase 2. Submitting a Request for Public Assistance- 3 min. Raleigh, North Carolina 27695. If you were awarded a hospitality grant (business classified in NAICS code 71 or 72) please click here for more information. On October 5, 2022, NCDOR mailed letters to applicants that were not approved. If you were awarded a reimbursement grant (business not classified in NAICS code 71 or 72) please click here for more information. On September 29, 2022, the Department mailed checks to all eligible Phase 2 applicants. My business started in June 2019 so I dont have gross receipts prior to that date. However, I am the sole member of the LLCs and the entities are disregarded for federal income tax purposes. Extra Credit Grant checks re-validated because of updated mailing addresses may be cashed at any financial institution or businesses that allow check cashing. Extra Credit Grants The application period for the Extra Credit Grant applications closed on July 1, 2021. I have a question about the Business Recovery Grant Program that is not covered in these frequently asked questions. Guide applicants with submitting small and large projects to FEMA that clearly define work done due to COVID-19. When will the Department issue grants? If you have not yet received a check or denial letter, please contact the Department at1-877-252-4983. COVID-19 relief legislation originally suspended the sequestration payment adjustment of 2% from May 1, 2020 through December 31, 2021. Funds are paid on a reimbursement basis, but expedited funding is available. My business was denied a grant in Phase 1 because I received a PPP loan (other COVID-19 relief). UNCW has received HEERF II funding and has established the HEERF II CRRSAA Emergency Relief Fund to distribute grants ranging from $300 to $900 to eligible students to help cover expenses related to the cost of attendance (i.e. No. Under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), as originally enacted March 27, 2020, the Employee Retention Credit is a refundable tax credit against certain employment taxes equal to 50% of the qualified wages an eligible employer pays to employees. 5. On April 5, 2021, FEMA issued their COVID-19 Pandemic: Safe Opening and Operation Work Eligible for Public Assistance Policyto define the framework, policy details and requirements for determining the eligibility of safe opening and operation work and costs under the Public Assistance Program. Are you a Historically Underutilized Business (HUB)? Central Region David Gale Additionally, if a business closed its sales and use tax account with the Department, filed Form NC-BN with the Department or filed Form NC-3 indicating it is closing, the business is permanently closed. In addition, if you received a grant award of $500,000, then you are ineligible to receive a grant in Phase 2. On Sept. 29, 2022, the N.C. Department of Revenue (NCDOR) mailed checks to more than 3,900 North Carolina businesses awarded grants during Phase 2 of the Business Recovery Grant Program. NCDOR said the grant amount is a percentage of the . The grant will be awarded to the business, not individual owners. I have multiple North Carolina Sales and Use Tax Account IDs and file a separate schedule C for each location. The North Carolina Department of Health and Human Services (NCDHHS) launched a hotline to provide child care options for children of critical workers who do not have access to typical care because of COVID-19 closures. This includes a business that has taken steps to dissolve or has filed documentation with the Department indicating the business is permanently closed. If your address has changed, please. 9. No. Extra credit grant checks may be stamped 'validated for payment if presented to State Treasurer'. 11. 6. What is the difference between the Business Recovery Grant Program and a federal stimulus check I received from a federal government program? The risk of getting COVID-19 varies between and within communities. Generally, your NAICS Code should be similar to the Principal Business Code or Professional Activity Code reported on your federal income tax return. File a complaint online with the OIG Here. Note: If you have eligible costs for this COVID-19 event, or believe you will have eligible costs, you should submit an RPA. My business permanently closed during the COVID Period. Am I still eligible to receive the grant? March 29, 2022 02:58. The Department's determination on grant amount issuance is final. While the desire and passion to help the . The child was 16 or younger (under age 17) at the end of 2019. Yes, the SST ID could have been substituted for the sales and use tax account ID on your application. In addition, check to see if the number of qualifying children you reported on line 10a was greater than zero. 3. For more information on what is considered other COVID-19 relief, go to Section III, Question 2 of this webpage. To learn more, view our full privacy policy. Think Cultural Health: CLAS Behavioral Health Guide: Active OMH Grants: FY 2022 Funding Opportunities: FY 2022 Grant Awards: CIIHE: FY 2021 Grant Awards: FY 2020 Grant Awards: Become a Grant Reviewer: . The application window was Jan. 31 - May 4, 2022. This policy applies to all eligible applicants under the COVID-19 declaration that have conducted safe opening and operation work from January 21, 2021 through September 30, 2021. If you are eligible for the grant and have not received it, you should contact the Department immediately at 1-877-252-4983. COVID-19 Funding COVID-19 Funding Overview The pages linked below contain information and resources for recipients of COVID-19 pandemic relief funding that is managed through or overseen by NCPRO. I received a Form 1099-G with a Line 3 Grant after I filed my return. Secure websites use HTTPS certificates. You did not meet all of the eligibility conditions necessary to receive the grant. Whether the grant is included in federal gross income is determined under federal law. 1 On December 10, 2021, the Protecting Medicare and American . 26. If you did not file a 2019 North Carolina Individual Income Tax Return, Form D-400, solely because your federal gross income (and your spouses federal gross income, if applicable) for 2019 did not exceed the States filing requirement for your filing status for 2019 (as printed on page 1, Part 2 of Form NC-1105), you may be eligible to receive an Extra Credit Grant payment under the extended Program if you meet all of the conditions of the Program and you apply for the grant using Form NC-1105 on or before July 1, 2021. To qualify for the grant, a child must be under the age of 17 (16 or younger) at the end of 2019. 1 University Drive Pembroke, NC 28372 . To learn more, view our full privacy policy. For this event, eligible reimbursable work and costs are those related to emergency protective measures that have been taken or that will be taken to eliminate or lessen immediate threats to lives, public health and safety due to COVID-19. 10. 17. Find out more information by visiting the NAICS website. . Legislation signed by the Governor in March 2022, updates the Programs eligibility criteria allowing many additional businesses to apply for the Program. (To be eligible for OT and temporary labor costs, personnel policies must clearly state that staff overtime and other staffing expenses would be allowed whether or not FEMA assistance would arrive for a disaster event. You should verify that you meet all of the eligibility requirements to receive the grant. How do I determine if Im subject to North Carolina income tax under Article 4 of Chapter 105 of the North Carolina General Statutes? Under legislation signed into law May 24, 2021, individuals who missed the original deadline may be eligible to receive the $335 grant payment. If you believe the amount on your Form 1099-G with a Line 3 Grant is incorrect, youshould contact the Department at 1-877-252-3052. The Department of Revenue will issue a 1099-G for the 2022 tax year if you receive a grant payment. File Form NC-1105. If I permanently closed my business after February 28, 2021 but meet the eligibility criteria, am I still eligible to receive the grant? The Internal Revenue Service (IRS) requires government agencies to report to the IRS certain payments made during the year. Will I be eligible to receive the grant if I submit an application after June 1, 2022? I have not filed an E-500, Sales & Use Tax Return(s), during the COVID Period. What should I do? How was the grant amount calculated? No. The eligibility requirements for Phase 2 depend on the type of grant. State Government websites value user privacy. If you have not yet received a check or denial letter, please contact the Department at 1-877-252-4983. You must have included the sum of the gross receipts reported on your Form E-500s for all of your North Carolina sales and use tax account IDs. I have checked my records and determined the amount reported on my Form 1099-G with a Line 3 Grant is incorrect. The COVID-19 Applicant Briefing webinars provide basic information about the FEMA Public Assistance Program, Grants Portal registration, and resources to help you navigate the reimbursement process. About Eligibility Application Payments Form 1099-G FAQs FAQs Phase 1 Information The child does not file a joint 2019 federal tax return. Can I provide the information to the Department and be awarded a grant? North Carolina families with qualifying children who were 16 or younger at the end of 2019 whodid notalready receive the $335 check from the NC Department of Revenue. If you have not yet received a check or denial letter, please contact the Department at 1-877-252-4983. Click here to Watch the PA Applicant Briefing. The new Family-Centered Type 2 Diabetes Control and Prevention Initiative aims to test interventions to identify family-centered factors that promote self-management and prevention of Type 2 diabetes among racial and ethnic minority and disadvantaged families who have a member (s) aged 12 and older with Type 2 diabetes . federal Publication 972, Child Tax Credit and Credit for Other Dependents. The budget Governor Cooper signed on November 18, 2021 provided $500 million to fund the Business Recovery Grant Program. The Department has issued all checks to eligible individuals. Depending on the condition the taxpayer failed to meet, the taxpayer may be required to amend their 2019 State return or the taxpayer (or the taxpayers paid preparer) may be allowed to apply for the grant by submitting an application by July 1, 2021.