On behalf of the Lavon Area Chamber of Commerce, I want to assure each of you that we are all doing what we can to support and encourage all the residents of our community as this situation with the COVID-19 virus continues to evolve. We want you to know that our local businesses, our school district, city governments, organizations, and churches are working together to help those of our community get through this very trying time as best we can.
At the other end of that spectrum, I do want to also encourage all those in our community to support our local businesses, as the opportunity avails itself. One way we can help each other through this challenging time is to buy local, helping the businesses here in our community. If there is anything we can do to help you personally, please do not hesitate to reach out to us. If you have any ideas or suggestions as to how we may serve the families or the businesses in our area, please let us know. We would love to have your input.
I am confident that together, we will persevere. United we will stand. With God’s help, we shall overcome! Our prayer is for the safety, health and prosperity of each and every family in our community!
Rev. Mike Powell - President LACOC
These are challenging times for businesses all over the nation. The Texas Comptroller’s office knows that during periods of economic hardship, paying or remitting taxes and fees on time can feel like an extra burden when there’s so much uncertainty. We’re thankful to those businesses that were able to remit state and local sales taxes they collected from customers in February on the March 20, 2020, due date.
We understand that virtually all of our taxpayers are doing their best to remain in compliance and be responsible in submitting the taxes they collected from their customers. With that in mind, our agency is here to offer assistance to those businesses that are struggling to pay the full amount of sales taxes they collected in February.
For businesses that find themselves in this situation, our agency is offering assistance in the form of short-term payment agreements and, in most instances, waivers of penalties and interest.
We ask that you contact our Enforcement Hotline at 800-252-8880 to learn about your options for remaining in compliance and avoiding interest and late fees on taxes due.
In addition, we have a variety of online tools for businesses seeking assistance. See our COVID-19 emergency response webpage for access to online tools, tutorials and other resources for tax services, and to establish 24/7 online account access with Webfile.
We’re standing by to help Texas businesses during these difficult times.
Dear Fellow Texans and Economic Development Partners,
Governor Abbott announced that the U.S. Small Business Administration (SBA) has now granted Texas’ Economic Injury Disaster Loan (EIDL) assistance declaration, making loans available statewide to small businesses and private, non-profit organizations to help alleviate economic injury caused by the Coronavirus (COVID-19).
Next Steps: Small businesses who believe they may be eligible for an SBA EIDL should visit the SBA’s website where they can directly apply for assistance. The online application is the fastest method to receive a decision about loan eligibility.
For additional information on Texas business-related COVID-19 resources, including a list of required documentation for the SBA Loan process, visit gov.texas.gov/business/page/coronavirus.
We know this is a difficult time for all Texans. Please don’t hesitate to contact our office if we can provide any additional information.
Stay safe, keep healthy and continue to check in with us as we provide the latest updates and resources.
#TexasBizStrong
-Office of the Governor, Economic Development Team
