More reopenings rolled back. Business owners in San Francisco talk about closing up shop once again. Good evening and thanks for joining us. Im dion lim. Im eric thomas. During this coronavirus pandemic, were focussing on building a better bay area of health, education, our changing workplaces and the economy. Right now, the economy right now right now the economy and but shutdowns are starting tomorrow in San Francisco and abc 7 News Reporter Cornell Bernard reports tonight from japan town and cornell, i can imagine this being a huge blow to businesses excited to be back open again. Reporter dion, its been really tough to retailers that struggled for the last three to four months. In fact, this weekend, the first weekend for picnic on the plaza, tents and tables setup for Outdoor Dining just outside the mall but the future of this is really unclear. Were told this morning that we have to shut down all indoor operations. Reporter it when many retailers inside the Japan Center Mall had
On cspan, online at cspan. Org and listen live on the free cspan radio app. The commissioner of the irs testified before the Senate Finance committee on the impact of the coronavirus on the 2020 taxis and including efforts season including efforts to help taxpayers and Small Business. This is just over two hours. [gavel] sen. Grassley commissioner rettig, thank you for agreeing to testify on 2020 tax Filing Season and the irs handling of challenges that are posed because of the pandemic. The 2020 Filing Season got off to its typical start at the end of january. However since then, this Filing Season has been anything but typical. As a result of the National Health emergency stemming from the ongoing pandemic, almost all regular tax filing and tax payment deadlines have been extended. This includes the individual and Corporate Income tax filings and payment deadlines which were pushed back from the normal april 15 to july 15. There is some rumors it might be extended again. I dont know.
Filing season and the irss. Andling of challenges at the 2020 Filing Season got off to a typical start. Since then, this Filing Season as been anything but typical a result of the National Health emergency stemming from the ongoing pandemic. Almost all regular tax filing and tax payment deadlines have been extended. This includes the individual and Corporate Income tax filings and payment deadlines, which were pushed back from the normal april 15 to july 15. There are some rumors they might be extended again. I dont know. I have heard that at least once. Extendedhese deadlines, the tax Filing Season continues with many taxpayers still filing taxes as usual to get their tax refund. At the same time, consistent with the Government Shutdown orders and cdc guidance, the irs limited much of its work to essential services, closed a number of facilities, and instituted telework policies where practical. Shortstaffed irs during the busiest time of the year. Understandably, that meant to taxpay
He discussed efforts to the payments owed to individuals and Small Businesses provided by the cares act and addressed the 2020 tax filing deadline which had been extended to july 15. This is about two hours. Thank you for agreeing to testify in the 2020 season and the irs handling of challenges that used because of the pandemic, the 2020 Filing Season got off to a difficult start at the end of january. However, since then this Filing Season has been anything but typical as the result of the National Health emergency stemming from the ongoing pandemic. Almost all regular tax filing and tax payment deadlines have been extended. This includes the individual corporate and the deadlines pushed back from the normal april 15 to july 15 and there are some rumors that they might be extended again. I dont know. I have heard that at least once. Despite the exton to deadlines, the Filing Season continues with many still filing their taxes as usual ticket to the tax refund. At the same time, consis
Internet caucus taking a look at internet privacy and personal data protection. The chair of the Federal Reserve, janet yellen, testified on the u. S. Economy and Monetary Policy appearing before the House Financial Services committee on wednesday for about three hours. The committee will come to order. Without objection the chair is authorized to suggest a recess for the committee at any time. This is the annual testimony on the Federal Reserves supervision and regulation of the Financial System. I now recognize myself for three minutes to give an opening statement. The dodd frank act requires the Federal Reserves vice chair of supervision to testify before our Committee Twice a year regarding the supervision and regulation of Financial Institutions. Regrettably, five years after the passage of dodd frank, no such person exists. President obama has been unwilling or unable to follow the law in a point at vice chair. We can no longer wait for the president to do his job so we can be al