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Ohio Minority Supplier Diversity Council

OMSDC Meeting And Travel Advisory Related To Coronavirus (COVID-19)

Maintaining the safety of our OMSDC network is our utmost priority. Currently, OMSDC is closely monitoring the Coronavirus Disease (COVID-19) and its progression. In the spirit of safety, OMSDC will take extra precautions to reduce exposure of our employees and members to COVID-19 by utilizing virtual technology for meetings and working remotely as needed.

On Thursday, March 12th, Governor DeWine banned events of more than 100 attendees. In addition, many of our valued partners already have travel bans or travel restrictions in effect for employee safety. As a result, several meetings and conferences have been postponed.

It is in this spirit that we have decided to postpone the Annual Meeting, originally scheduled for March 25th at Central State University. We are confirming with the venue and our speakers for a new date in early August, so please watch out for emails and check our website.

Note that these OMSDC Conferences and events are still on schedule:

  • Business Opportunity Expo (BOE), June 2nd – 3rd
  • Supplier Diversity Exchange, September 17th ·      
  • Annual Awards Gala, November 20th

Please use reliable information and your best judgment for all interactions. For your convenience, the OMSDC team is available to serve our corporate members and MBEs. Thank you for your patience and consideration as we evaluate our next steps.

With appreciation for each of you and well wishes for continued health and safety,

JacquelineNeal

Jacqueline D. NealPresident & CEO Ohio Minority Supplier Development Council

How My Company Survived 2 Recessions & 2 Government Shutdowns: You Can Too – A Webinar on Wednesday, April 8 by the Florida State Minority Supplier Development Council

Seize opportunities now! Hear from an industry expert on how she grew her company during an economic downturn, and how you can too. Learn how to get ahead of procurement opportunities and prepare your business for winning contracts during COVID-19. Expand the way you are marketing your firm and capture on new federal requirements for small businesses. New emergency contracting rules have been implemented. Look past the chaos and leverage your resources for success.

Follow the link to register today: https://attendee.gotowebinar.com/register/3885144533601092363
Free to 7(j) eligible small businesses.

Location: Online Webinar
Date: Wednesday, April 8, 2020
Time: 10:30 – 12:00pm

Thriving, Not Just Surviving During a Challenging Economy: A Webinar on Friday, April 3 by the Florida State Minority Supplier Development Council

It cannot be overstated how unprecedented these times are for business owners, workers, consumers, large companies, and the public sector. The Coronavirus pandemic, COVID-19, has led to an economic situation that has no historical comparison. However, there remains some strategic decisions that business owners have to consider to help them survive the current crisis. Put your business in the best position to thrive once we get through this health and economic pandemic. This webinar will review some of those strategic decisions and offer business owners innovative ways on how to manage the new normal.

Free to 7(j) eligible small businesses.

Location: Online Webinar
Date: Friday, April 3, 2020
Time: 10:30 – 12:00pm

Follow the link to register today: https://attendee.gotowebinar.com/register/2516342716973383179

Webinar Friday, March 27: Prepare, Don’t Panic: Restructuring Your Business Operations and Practices During COVID-19 – Provided By Florida State MSDC

In these challenging times, business owners need to be prepared for an increased demand in accessing virtual tools and resources for our workforce and day to day operations. It is our responsibility to eectively deliver solutions, execute processes, and provide peace of mind to our employees and clients during the COVID-19 pandemic. Learn how to analyze your operations to see what is the best fit for your company. Discover innovative platforms, resources, and best practices to restructure and redevelop your workforce.

Training provided by the Florida State Minority Supplier Development Council

Location: Online Webinar
Date: Friday, March 27, 2020
Time: 10:30 – 12:00pm

Follow the link to register today: https://attendee.gotowebinar.com/register/7398941803414653196

IRS unveils new People First Initiative; COVID-19 effort temporarily adjusts, suspends key compliance programs

03.25.2020

IRS unveils new People First Initiative; COVID-19 effort temporarily adjusts, suspends key compliance programs

WASHINGTON – To help people facing the challenges of COVID-19 issues, the Internal Revenue Service announced today a sweeping series of steps to assist taxpayers by providing relief on a variety of issues ranging from easing payment guidelines to postponing compliance actions.

“The IRS is taking extraordinary steps to help the people of our country,” said IRS Commissioner Chuck Rettig. “In addition to extending tax deadlines and working on new legislation, the IRS is pursuing unprecedented actions to ease the burden on people facing tax issues. During this difficult time, we want people working together, focused on their well-being, helping each other and others less fortunate.”

“The new IRS People First Initiative provides immediate relief to help people facing uncertainty over taxes,” Rettig added “We are temporarily adjusting our processes to help people and businesses during these uncertain times. We are facing this together, and we want to be part of the solution to improve the lives of all people in our country.”

These new changes include issues ranging from postponing certain payments related to Installment Agreements and Offers in Compromise to collection and limiting certain enforcement actions. The IRS will be temporarily modifying the following activities as soon as possible; the projected start date will be April 1 and the effort will initially run through July 15. During this period, to the maximum extent possible, the IRS will avoid in-person contacts. However, the IRS will continue to take steps where necessary to protect all applicable statutes of limitations.

“IRS employees care about our people and our country, and they have a strong desire to help improve this situation,” Rettig said. “These new actions reflect just one of many ways our employees are working hard every day to assist the nation. We care, a lot. IRS employees are actively engaged, and they have always delivered for their communities and our country. The People First Initiative is designed to help people take care of themselves and is a key part of our ongoing response to the coronavirus effort.”

More specifics about the implementation of these provisions will be shared soon. Highlights of the key actions in the IRS People First Initiative include:

Existing Installment Agreements –For taxpayers under an existing Installment Agreement, payments due between April 1 and July 15, 2020 are suspended. Taxpayers who are currently unable to comply with the terms of an Installment Payment Agreement, including a Direct Deposit Installment Agreement, may suspend payments during this period if they prefer. Furthermore, the IRS will not default any Installment Agreements during this period.  By law, interest will continue to accrue on any unpaid balances.

New Installment Agreements – The IRS reminds people unable to fully pay their federal taxes that they can resolve outstanding liabilities by entering into a monthly payment agreement with the IRS. See IRS.gov for further information.

Offers in Compromise (OIC) – The IRS is taking several steps to assist taxpayers in various stages of the OIC process:

  • Pending OIC applications – The IRS will allow taxpayers until July 15 to provide requested additional information to support a pending OIC. In addition, the IRS will not close any pending OIC request before July 15, 2020, without the taxpayer’s consent.
  • OIC Payments – Taxpayers have the option of suspending all payments on accepted OICs until July 15, 2020, although by law interest will continue to accrue on any unpaid balances.
  • Delinquent Return Filings – The IRS will not default an OIC for those taxpayers who are delinquent in filing their tax return for tax year 2018. However, taxpayers should file any delinquent 2018 return (and their 2019 return) on or before July 15, 2020.
  • New OIC Applications – The IRS reminds people facing a liability exceeding their net worth that the OIC process is designed to resolve outstanding tax liabilities by providing a “Fresh Start.” Further information is available at IRS.gov

Non-FilersThe IRS reminds people who have not filed their return for tax years before 2019 that they should file their delinquent returns. More than 1 million households that haven’t filed tax returns during the last three years are actually owed refunds; they still have time to claim these refunds. Many should consider contacting a tax professional to consider various available options since the time to receive such refunds is limited by statute. Once delinquent returns have been filed, taxpayers with a tax liability should consider taking the opportunity to resolve any outstanding liabilities by entering into an Installment Agreement or an Offer in Compromise with the IRS to obtain a “Fresh Start.” See IRS.gov for further information.

Field Collection Activities – Liens and levies (including any seizures of a personal residence) initiated by field revenue officers will be suspended during this period. However, field revenue officers will continue to pursue high-income non-filers and perform other similar activities where warranted.

Automated Liens and Levies – New automatic, systemic liens and levies will be suspended during this period.

Passport Certifications to the State Department – IRS will suspend new certifications to the Department of State for taxpayers who are “seriously delinquent” during this period. These taxpayers are encouraged to submit a request for an Installment Agreement or, if applicable, an OIC during this period. Certification prevents taxpayers from receiving or renewing passports.

Private Debt Collection – New delinquent accounts will not be forwarded by the IRS to private collection agencies to work during this period.

Field, Office and Correspondence Audits – During this period, the IRS will generally not start new field, office and correspondence examinations. We will continue to work refund claims where possible, without in-person contact. However, the IRS may start new examinations where deemed necessary to protect the government’s interest in preserving the applicable statute of limitations.

  • In-Person Meetings – In-person meetings regarding current field, office and correspondence examinations will be suspended. Even though IRS examiners will not hold in-person meetings, they will continue their examinations remotely, where possible. To facilitate the progress of open examinations, taxpayers are encouraged to respond to any requests for information they already have received – or may receive – on all examination activity during this period if they are able to do so.
  • Unique Situations – Particularly for some corporate and business taxpayers, the IRS understands that there may be instances where the taxpayers desire to begin an examination while people and records are available and respective staffs have capacity. In those instances when it’s in the best interest of both parties and appropriate personnel are available, the IRS may initiate activities to move forward with an examination — understanding that COVID-19 developments could later reduce activities for an agreed period.
  • General Requests for Information – In addition to compliance activities and examinations, the IRS encourages taxpayers to respond to any other IRS correspondence requesting additional information during this time if possible.  

Earned Income Tax Credit and Wage Verification Reviews – Taxpayers have until July 15, 2020, to respond to the IRS to verify that they qualify for the Earned Income Tax Credit or to verify their income. These taxpayers are encouraged to exercise their best efforts to obtain and submit all requested information, and if unable to do so, please reach out to the IRS indicating the reason such information is not available. Until July 15, 2020, the IRS will not deny these credits for a failure to provide requested information. 

Independent Office of Appeals – Appeals employees will continue to work their cases. Although Appeals is not currently holding in-person conferences with taxpayers, conferences may be held over the telephone or by videoconference. Taxpayers are encouraged to promptly respond to any outstanding requests for information for all cases in the Independent Office of Appeals.

Statute of Limitations – The IRS will continue to take steps where necessary to protect all applicable statutes of limitations. In instances where statute expirations might be jeopardized during this period, taxpayers are encouraged to cooperate in extending such statutes. Otherwise, the IRS will issue Notices of Deficiency and pursue other similar actions to protect the interests of the government in preserving such statutes. Where a statutory period is not set to expire during 2020, the IRS is unlikely to pursue the foregoing actions until at least July 15, 2020.

Practitioner Priority Service – Practitioners are reminded that, depending on staffing levels and allocations going forward, there may be more significant wait times for the PPS. The IRS will continue to monitor this as situations develop.

“The IRS will continue to review and, where appropriate, modify or expand the People First Initiative as we continue reviewing our programs and receive feedback from others,” Rettig said. “We are committed to helping people get through this period, and our employees will remain focused on these and other helpful efforts in the days and weeks ahead. I ask for your personal support, your understanding – and your patience – as we navigate our way forward together. Stay safe and take care of your families, friends and others.”

U.S. Congresswoman Joyce Beatty Coronavirus Telephone Town Hall Meeting Friday, March 27

Congresswoman Joyce Beatty, representing the Third Congressional District of Ohio, invites you to join her for a telephone town hall to discuss the ongoing Coronavirus Pandemic on Friday, March 27, 2020. The event is scheduled from 4:05PM to 5:05PM. All constituents of Ohio’s Third Congressional District are invited to attend.

TO JOIN CALL (Beginning at 4:00PM on Friday, March 27th) 

DIAL: (866) 757-0608

PIN: 17434

For more information visit: https://beatty.house.gov/about/events/congresswoman-beattys-coronavirus-telephone-town-hall