On September 11th city leaders, nonprofits, tech companies and more came together for the first annual SF Homelessness Outreach Day. Fifty volunteers and local nonprofits partnered to hit the streets and give out much-needed hygiene kits and HandUp Gift Cards, reaching over 200 homeless neighbors in one afternoon. The Mayor’s Office of H.O.P.E, Dropbox, Zendesk, OneCity and The Hall partnered for the event, and teams walked through areas in Hayes Valley, Soma, the Mission, and mid-Market led by community advocates from Compass Family Services, Larkin Street Youth, Mission Neighborhood Resource Center, Project Homeless Connect, and Tenderloin Walking Tours. Hygiene kits included fresh socks, toothbrush and toothpaste, and other basics. The HandUp Gift Card is a $25 coupon redeemable at Project Homeless Connect’s drop-in office for things like groceries, transportation, and more. sf.citi was proud to be involved with this event through our OneCity initiative. Engagement like this is important to ending homelessness and it’s inspiring to see all sorts of San Franciscans come together and be One City.
Last month, the San Francisco Controller calculated and published online the SF Gross Receipts Tax Adjustment and Payroll Expense Tax rate for tax year 2015 (January 1 to December 31). What’s important to know for all our member companies is that: 1) the Gross Receipts Tax Adjustment will remain at 25% of the rate passed by voters, and 2) the 2015 Payroll Expense Tax rate is 1.162%. This rate will be used to calculate the Payroll Expense Tax for the entire tax year 2015 when businesses file their annual tax return due February 29, 2016.
How does the rate change affect quarterly installment payments?
For businesses required to file and remit quarterly installment payments, the rate of 1.125% continues to be in effect for all quarterly installment payments, including the third quarter payment due on November 2, 2015.
Will businesses be penalized if they file and remit 2015 quarterly installments at the 1.125% rate?
No. Businesses will not be penalized for remitting their 2015 quarterly installments at the 2015 quarterly installment rate of 1.125%, and do not need to remit additional quarterly payments to reflect the change in the 2015 payroll expense tax rate to 1.162%. The difference between the annual tax and the quarterly installment payments must be remitted with the annual filing due February 29, 2016. Businesses may also avoid penalties and interest by making installment payments that are 26% of their 2014 payroll expense tax liability and 26% of their 2014 gross receipts tax liability by the quarterly installment due dates.
Over 90 volunteers from if(we) descended on their Circle the Schools partner, Thurgood Marshall High, to prepare classrooms for the first day of school.
Circle the Schools, an adopt-a-school program pairing San Francisco companies with local schools, began its second school year last week. The program is now active in 52 San Francisco schools, nearly half the schools in the San Francisco Unified School District.
This milestone was reached with the help of sf.citi member company Salesforce, which yesterday announced that it will adopt 20 schools as part of the Circle the Schools program.
Earlier this month, 10 companies participating in Circle the Schools sent 250 volunteers to 14 San Francisco schools to help teachers set up their classrooms before the first day of school. They cleaned classrooms, arranged desks, and prepared teaching materials, helping ensure that teachers and students are set up for success.
“Circle the Schools is a fantastic model for corporate engagement in our schools,” commented Superintendent Richard Carranza. “Companies large and small can participate in this program and have a tremendous impact on students and their futures. The program helps break down the barriers between public school classrooms and tech company offices.”
Congratulations to Salesforce and all our participating companies and schools, who are working together to make us One City. To view a map of participating schools and their partners, as well as to learn more about the program click here.