Senate Bill (SB) 803 was signed by the Governor on October 7, 2021. This bill changes various aspects of the Board of Barbering and Cosmetology (Board) and will go into effect on January 1, 2022.
The world over the salon industry is a collection of small businesses, and in many cases, the owners of those businesses are often overwhelmed with issues around employment law, tax, health and safety updates, changing legislation, and a raft of other challenges as well as all the other fun stuff that comes with being a small business owner.
Making the Credit Available for 2018 and 2019 tax years would offer Salon, Spa, and Barbershop Employers additional liquidity during this time and beyond.