Lawmakers are aiming to provide restaurants locked out of the Restaurant Revitalization Fund with a special tax credit.
The legislation would create a special tax credit available to any business that applied for the RRF but did not get a grant — roughly 175,000 businesses. Business must also have experienced average operating losses of at least 30% in 2020 and 2021 as compared to 2019 or losses of at least 50% in either calendar years 2020 or 2021 as compared to 2019. In addition, a business must have been in operation prior to March 14, 2020, and have paid payroll tax in at least two quarters in 2021.
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Largest San Francisco Office Leases - San Francisco Business TimesThis List includes San Francisco office leases signed in 2022. Information was obtained from CBRE, Cushman & Wakefield, JLL, Kidder Matthews, Colliers, and SFBT research.
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Mass layoffs will result in surge in business startups, new opportunities - San Francisco Business TimesThe mass layoffs spreading across the economy will result in a surge of new business startups, but this time the opportunities are different and plentiful.
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First Republic Bank opening new offices as big banks shutter more branches - San Francisco Business TimesIn banking news, FirstRepublic CEO Mike Roffler said the San Francisco bank expects a lot out of its newest market
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