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Is it time to delay your small-business tax filing?

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The one bright side — if you can call it that — of the economic downturn this year is that for some small-business owners, it has wiped out profits, which means that any estimated taxes due may not be very much. It’s important to talk to your accountant about that now and make these estimates based on your year-to-date numbers. Also, be aware that if you participated in the Paycheck Protection Program, the amounts that are forgiven under the program are not taxable but any expenses used for forgiveness, such as your payroll, rent, utilities, are also not considered deductible.

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Officers Arrest Suspect Who Took American Flags From Citrus Heights Business On July 4th – CBS Sacramento

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NWI Business Ins and Outs: Munster Donut reopens, self-serve craft beer comes to Chesterton, Sip adds third location in Cedar Lake | Northwest Indiana Business Headlines

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Baxter prints business cards, banners, signs, brochures, raffle tickets, political signs and many other products.

For more information, visit baxterprint.com or call 219-923-1999.

A wine bar known as Wine House is coming to a house in downtown Highland.

A sign posted outside said, “think Rainey Street,” a reference to the Rainey Street neighborhood in Austin, Texas. The hipster haven, a lively hub of nightlife, features many sophisticated bars operating out of repurposed houses.

Merrillville-based Commercial In-Sites has brokered deals for Moda Beauty Bar and Down Syndrome Association of Northwest Indiana to come to Oakside Plaza on U.S. 41 in Schererville.

“Moda Beauty Bar is a chic aesthetic boutique specializing in skin care, lashes, brows, permanent make up and sunless tanning. This will be the second location for Moda Beauty Bar in the Region,” Commercial In-Sites said in a news release. “The Down Syndrome Association founded over 30 years ago is a non-profit organization serving children, adults, families and interested persons working to improve the quality of life for those individuals having Down syndrome.”

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Beach Business Bounces Back Over Holiday Weekend, Amid Concern Over New Restrictions – NBC 7 San Diego

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Phenomenal. 

That’s how Skyler McManus described business at Hamel’s on the Mission Beach boardwalk Fourth of July weekend.

“It’s actually picked way up,” the business owner
said.  “It almost feels like it was last year.”

McManus and other store and restaurant owners at Mission Beach said they were thankful that the city of San Diego decided not to close beach parking lots after the state requested they do so to slow the spread of the coronavirus.

Heavy crowds Saturday were not as large as usual, but
most of the people who parked on the sand appeared to be out-of-towners from
places like Arizona and Nevada. 

They brought their wallets and spent money on food, souvenirs, bicycle, and surfboard rentals.

“The business that we’re getting is a little bit higher
than usual because people are really looking for that recreational option at
the beach,” said Matthew Gardner, who owns Mission Beach Rentals on the south
end of Belmont Park.

Gardner told NBC 7 his business has been better than usual since the middle of June when COVID-19 restrictions were eased and people began leaving the shelter of their homes.

Gardner said he feels sorry for his friends in the
restaurant business because they’re the ones most likely to face new restrictions
now that the numbers of coronavirus cases are rising in San Diego County.

“My heart goes out to them,” Gardner said. “We had a short recovery period and it takes a lot of effort, it takes a lot of financial and time commitment to get your businesses back open again and to hire people again. Also, to figure out what’s gonna be happening again, and to have the rug pulled out from under you again, that’s a really difficult thing to manage as a business.”

Restaurants in San Diego County learned shortly before the long holiday weekend that the county health department had imposed a 10 p.m. curfew on top of social distancing requirements that allow them to only seat half as many customers.

“We did all right yesterday, but not what we usually do,” said Mike Soltan, who owns Kojak’s Greek and American Restaurant.  “We had to close the door by 10 and there were like 1,000 people outside so we (had to) lock them out.”

On a normal Fourth of July, Soltan says his restaurant continues serving gyros and burgers to hungry crowds until 2 a.m.

Soltan hopes any new restrictions won’t impact his
business.  He said it would be crippling if beaches or beach parking lots
were closed.

“We don’t need another shutdown, I mean we’re already hurting the way it is, so hopefully, you know, things won’t be as bad,” he said.

If new restrictions are imposed, they would go into effect by Tuesday, July 7, and last a minimum of three weeks.

CORONAVIRUS IN SAN DIEGO COUNTY: What You Need to Know: Latest Developments | Resources | How to Help | What Has Reopened? | Photos: Coronavirus Impact in SD

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