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Resources for Businesses & Organizations during COVID-19

Sales Tax Payment Extension for Eligible Businesses

In line with the state’s continued response to COVID-19, the Minnesota Department of Revenue is granting a 30-day Sales and Use Tax grace period for businesses identified in Executive Order 20-04. During this time the department will not assess penalties or interest.

Identified businesses with a monthly Sales and Use Tax payment due March 20, 2020, have until April 20 to make that payment. These businesses should still file their return by March 20. At this time, this grace period for penalty and interest is only for monthly filers and only for the March 20 payment. Businesses can request additional relief from penalty and interest for reasonable cause after April 20.

We will continue to monitor the situation and provide additional information and guidance. If you have questions or wish to request more time, call us at 651-296-6181 or 1-800-657-3777, or email salesuse.tax@state.mn.us.

U.S. Small Business Administration loans available soon

One way Minnesota businesses may be able to get assistance is through low interest loans from the U.S. Small Business Administration (SBA). Governor Walz has requested an Economic Injury Disaster Loan declaration, clearing the way for businesses to apply for loans to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. If you have questions, please call the SBA hotline at 1-800-659-2955. We will share SBA loan application information as soon as it becomes available.

If you need to reduce workers’ hours

Employers experiencing a slowdown in their businesses or services as a result of the coronavirus impact on the economy may apply for the Unemployment Insurance Shared Work Program. This program allows employers to seek an alternative to layoffs – retaining their trained employees by reducing their hours and wages that can be partially offset with UI benefits. Workers of employers who are approved to participate in the Shared Work Program receive the percentage of their weekly UI benefit amount based on the percentage of hours and wages reduced, not to exceed 60 percent. Visit Shared Work Program to learn more about its benefits for employers and employees, and how to apply.

Unemployment Insurance information for employers

Additional Unemployment Insurance information for employers affected by COVID-19

If your workers apply for unemployment benefits, we will let you know.