Does your LLC owe the $800 Minimum Annual Franchise Tax?

If so, you risk having your company suspended.  During the pandemic there was a first year exemption for the $800 annual franchise tax fee, if you formed between January 1, 2021 and January 1, 2024. This led to confusion about the existence of this fee and when it is due. Many did not realize this payment was due last April by the 15th.  Here is the official government copy regarding the exemption: For tax years beginning on or after January 1, 2021, and before January 1, 2024, LLCs that organize, register, or file with the Secretary of State to do business in California are not subject to the annual tax of $800 for their first tax year. Regarding when the $800 franchise fee is due, the government provides this information: You have until the 15th day of the 4th month from the date you file with the SOS to pay your first-year annual tax. Example: You form a new LLC and register with SOS on June 18, 2020. Your annual LLC tax will be due on September 15, 2020 (15th day of the 4th month). From that time on the subsequent annual tax payments will continue to be due on the 15th day of the 4th month of your taxable year. This aligns with yearly tax filing deadlines. This fee is due until you file documents to dissolve the corporation. It you owe back payments, then you cannot dissolve the corporation until those are paid.  Please note this annual tax will be due, even if you are not conducting business, until you cancel your LLC. If you do not pay this fee on time, your LLC can be suspended. When your business has been suspended or forfeited, it is not in good standing and loses its rights, powers, and privileges to do business in California. To learn more about this or other legal requirements of an LLC contact the SBDC at SBDC@pasadena.edu to schedule an appointment with an advisor.

California Requires Workplace Violence Prevention Plans

Beginning July 1, 2024, employers of all sizes will be required to have a written workplace violence prevention plan, maintain a violent incident log, and provide workplace violence prevention training to employees. These requirements apply to nearly all California employers. Exceptions include healthcare employers covered by the state’s workplace violence prevention plan standard, remote employees working at a location not controlled by the employer, and worksites with fewer than 10 employees that are not open to the public. Complete information on the requirements is available at the Cal/OSHA’s Workplace Violence Prevention Guidance and Resources page, which includes helpful FAQs and a Fact Sheet. For questions and free technical assistance, employers should contact the Cal/OSHA Consultation Services Branch at (800) 963-9424 or by email at InfoCons@dir.ca.gov. Workplace Violence Prevention PlanEmployers must develop and maintain a written workplace violence prevention plan that all employees can access and that is tailored to address the hazards and corrective measures in each work area and operation. The plan must include mechanisms for involving employees, including the implementation of the plan, identification and correction of hazards, ongoing improvement of the plan, reporting of incidents, and training. The plan can either be incorporated into the employer’s existing written injury and illness prevention program (as a stand-alone section) or maintained as its own document. Employers are required to review the plan regularly and conduct periodic inspections to identify workplace violence hazards. Violent Incident LogEmployers must keep a violent incident log with specific information about each workplace violence incident. The information in the log must come from employees who experienced the incident, witness statements, and investigational findings. Personal identifying information (such as names and addresses) that would allow someone to identify those involved in the incident should be excluded from the log. The log must be reviewed annually, when a violent incident occurs, and when a deficiency arises.  TrainingEmployers are required to provide employees with training on the workplace violence plan when it’s first established and annually thereafter. Additional training must be provided when a new workplace violence hazard is identified or when changes are made to the plan. Any training materials must be appropriate for the employees’ language, literacy, and educational level. Action ItemsCreate a written workplace violence prevention plan, make it available to all employees, and provide training on the plan before July 1, 2024. Information courtesy of Southland Data Processing

OMB – Strengthening Digital Accessibility

U.S. Access Board’s Section 508 Best Practices Webinar Series will take place Tuesday, May 28 from 10:00 – 11:30 a.m. (PT). Presenters Cassie Winters and Justin Grimes are from the Office of the Federal Chief Information Officer (OFCIO), Office of management and Budget. The OFCIO has responsibility for advancing digital experience, including accessibility, nationwide. They will present to promote awareness and understanding of Digital experience and Accessibility guidance, foster active support, encourage public-private collaboration, and drive government-wide accountability. For more details or to register, visit Great Lakes ADA Center’s Building and Sustaining an Accessible Federal Technology Environment webinar webpage. Questions can be submitted in advance of the session or can be posed during the live webinar. Webinar attendees can receive a participation certificate for attending the 90-minute session. Registration closes 24 hours before the start of the session. Instructions for accessing the webinar on the day of the session will be sent via email to registered individuals in advance of the session. Communication Access Realtime Translation (CART) and Video Sign Language Interpreters are available for the session and will be broadcast via the webinar platform. A telephone option (not toll-free) for receiving audio is also available.

Accessibility for State and Local Government Funded Facilities

During this webinar on Thursday, June 6 from 2:30 – 4:00 p.m. (ET), Access Board Accessibility Specialists will review what the different accessibility laws are, how they apply, and compare how the requirements for state or local government entities differ than those in the private sector. In addition to these concepts, the accessibility specialists will cover a broad overview of key components that are likely to apply to government funded spaces, such as accessible routes, toilet rooms, and counters. For more information or to register, visit Great Lakes ADA Center’s Title II – Accessibility for State and Local Government Funded Facilities webinar webpage. All webinars include video remote interpreting (VRI) and real-time captioning. Questions can be submitted in advance of the session or can be posed during the live webinar. Webinar attendees can earn continuing education credits. The webinar series is hosted by the ADA National Network in cooperation with the Board. Archived copies of previous Board webinars are available on the site. The Americans with Disabilities Act (ADA) has five “Titles”, that provide different protections for people with disabilities. Title II of the ADA specifically covers Public Services provided by any state or local government. As a tax funded entity, there are more accessibility requirements than expected of private entities or businesses.

Fossil Fuels and the Climate Crisis with Dr. John Fleming

Overwhelming scientific consensus has shown that without deep and rapid reductions in greenhouse gas emissions, global warming will exceed 1.5 degrees Celsius, a level beyond which will bring catastrophic damage around the world. John Fleming, Ph.D., a Senior Scientist with the Center for Biological Diversity in its Climate Law Institute, will discuss his scientific work to support legal and grassroots campaigns to protect people, wildlife, and ecosystems from climate change while working to speed the transition from greenhouse gas-emitting fossil fuels to clean, renewable energy sources.

City of South Pasadena June 7 Council Meeting recap

View this post on Instagram A post shared by City of South Pasadena (@southpasadenaca) Last night, June 13 Special Meeting on Just Cause Eviction Moratorium was heard by Council, and will be brought back at a special meeting tentatively scheduled for June 28. Upcoming, June 21 Council Meeting includes the adoption of the FY 23-24 budget Business Quarterly Downtown District Meeting on May 10, 2023

Special ‘CopTalk’ with South Pasadena PD and Fire

Due to the recent ‘smash and grab’ and other crimes that have taken place recently in the LA area and South Pasadena, the Chamber set up a special ShopTalk: “CopTalk.” Watch below as the South Pasadena Police and Fire Departments discuss business safety, share ideas and answer some questions. Check out the SPPD Business Watch Handbook here.

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Contact Us

MAIL:
PO Box 3446
South Pasadena, CA 91031

OFFICE:
1121 Mission Street
South Pasadena, CA 91030
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PHONE:
(626) 441-2339

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