The Latest for Small NY Businesses on COVID-19: 4/6 Extension Business Closure

Date: March 24, 2020

Gov. announces new closures, density requirements and commercial cleaning guidance

4/6

Mandatory Work-From-Home Order & Business Closures Extended

Today, Governor Cuomo announced that New York State will continue with its social distancing plan to contain the spread of COVID-19. All non-essential businesses and schools will remain closed through April 29. Fines will be doubled for those who do not comply with social distancing.

3/31

Deferrals of Premium Payments for Life Insurance and Property & Casualty Insurance

Under Governor Cuomo’s Executive Order No. 202.13, consumers and businesses who demonstrate financial hardships will be eligible to defer payments on certain insurance premiums. The New York State Dept. of Financial Services (DFS) issued the following emergency regulations:

Life Insurance: Policyholders or certificate holders (consumers) who can demonstrate financial hardships due to COVID-19 will be provided a 90-day grace period for the payment of premiums and fees. All late payment fees will be waived and the premiums not paid during the 90-day period can be paid over the course of the following year in 12 equal monthly installments.

Property and Casualty Insurance: Consumers and small businesses who can demonstrate financial hardship due to COVID-19 will be provided a 60-day grace period for the payment of premiums and fees, cancellation, conditional renewal, or non-renewal of a policyholders’ insurance policies. Premiums not paid during the 60-day period can be paid over the course of the following year in 12 equal monthly installments. Late payment fees will be waived during the 60-day period. Small business is defined as a business with 100 employees or less, independently owned and operated, and resident in New York State. This provision applies to auto, homeowners, renters, workers’ compensation, medical malpractice, and certain other lines of commercial insurance.

Policyholders must contact their insurance carriers to discuss these financial hardship deferrals and repayment options.

3/27

Updated Guidance on Essential & Non-Essential Businesses: Construction

Under a revised Executive Order, most construction is now considered non-essential. All non-essential construction must shut down, with the exception of emergency construction (a project necessary to protect health and safety of the occupants, or to continue a project if it would be unsafe to allow to remain undone until it is safe to shut the site).

At this time the following essential construction may continue: roads, bridges, transit facilities, utilities, hospitals or health care facilities, affordable housing, and homeless shelters. All other construction is considered non-essential.

At every construction site, you must maintain social distance, including for purposes of elevators, meals, entry, and exit. Sites that cannot maintain social distance must close. This will be enforced and will include fines of up to $10,000 per violation.

Construction work does not include a single worker, who is the sole employee/worker on the job site.

For more information on the guidance, click here.

3/24/2020

New information on sales taxes for business:

New York Sales Tax Remittance Deadline

New York’s monthly sales tax deadline is still in effect. The Dept. of Tax and Finance has released guidance allowing businesses that file quarterly or annually to remit payments late without being charged interest or penalties as long as they submit a waiver. If you are a quarterly or annual sales tax filer, and you were unable to pay your March 20, 2020 sales tax return due to COVID-19, you must apply for a waiver online. Click here for the waiver request

 

3/20/2020

New York State Announces Mandatory Work-From-Home Order, Mandatory Closures, and Guidance for Cleaning Retail Establishments 

New York State on PAUSE (Policies Assure Uniform Safety for Everyone)

Only essential businesses can remain open with employees reporting to work. All New York State residents are required to stay at home and avoid contact with others to the greatest extent possible.

Mandatory Work-From-Home for Non-Essential Businesses (Until Further Notice)

Effective Sunday, March 22 at 8 PM, ALL non-essential businesses in New York are directed to implement work-from-home policies. Non-essential businesses are prohibited from allowing employees to be in the office.

Exemptions include but are not necessarily limited to shipping, media, warehousing, grocery and food production, pharmacies, healthcare providers, utilities, banks and related financial institutions, any business related to infrastructure, trash collection, construction, mail and shipping, vendors that provide services or products to any of the above mentioned businesses. Empire State Development has issued guidance for determining essential businesses. For a complete list of essential businesses click here, and to request a designation as an essential business click here

Any business not in compliance with work-from-home orders will face civil fines and mandatory closures.

Mandatory Business Closures (Until Further Notice)

Effective Saturday, March 21 at 8 PM, Governor Cuomo announced the mandatory closure of all barbershops, hair salons, tattoo or piercing salons, nail salons, hair removal services and related personal care services.

Effective Thursday, March 19 at 8 PM, Governor Cuomo announced the mandatory closure of all indoor portions of retail shopping malls with an excess of 100,000 square feet of retail space. Any stores (not already mandatorily closed) that are located within shopping malls with their own external entrances may remain open. Food service establishments must limit themselves to take out or delivery only. All places of public amusement must close, including amusement rides, parks, and carnivals; water parks; aquariums; zoos; fairs; theme parks, play centers, funplexes, and arcades; bowling alleys; and any other family and children’s attractions.

Effective Monday, March 16 at 8 PM, Governor Cuomo announced the mandatory closure of all gyms, movie theaters, casinos, and bars and restaurants (except delivery or take-out).

New York Sales Tax Remittance Deadline

New York’s monthly sales tax deadline is still in effect. The Dept. of Tax and Finance has released guidance allowing businesses that file quarterly or annually to remit payments late without being charged interest or penalties as long as they submit a waiver. If you are a quarterly or annual sales tax filer, and you were unable to pay your March 20, 2020 sales tax return due to COVID-19, you must apply for a waiver online. Click here for the waiver request

 
 

Moratorium on Evictions for 90 Days

Governor Cuomo announced a moratorium on both commercial and residential evictions for 90 days.

Small Business Administration Loans

New York State has been granted disaster status, which allows small businesses to receive a disaster loan through the U.S. Small Business Association (SBA). The SBA’s Economic Injury Disaster Loans will offer up to $2 million in assistance to pay fixed debts, payroll, accounts payable, and other bills that cannot be paid because of the impact of Coronavirus. For more information or to apply, click here.

NFIB will continue to make every effort to share relevant information with members. 

The New York State Department of Health (DOH) continues to provide interim guidance for businesses and employers. For retail stores, DOH has provided Guidance for Cleaning and Disinfecting for COVID-19

The New York State Department of Health has also established a Novel Coronavirus Hotline: 1-888-364-3065 

FOR MORE CLICK HERE

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