If you are fiscally responsible for a calendar year S-Corporation (Form 1120S) or Partnership (Form 1065) and you filed a request for an extension, your six month extension is about to expire and your tax return must be filed by September 15th, 2022. Non filing fees and penalties are applied after this date so please … Continue reading Upcoming S-Corp and Partnerships Tax Deadline
For 2022, the amount increased to a maximum of $300 and will increase in $50 increments in future years based on inflation.
The Best and Worst Times to Post on Instagram in 2022 - PlannThe Best and Worst Times to Post on Instagram in 2022 - Plann Photo by Pixabay on Pexels.com
What is Jump Start Philly? – Business ServicesWhat is Jump Start Philly? – Business Services Photo by David McBee on Pexels.com Jump Start Philly is designed to attract new businesses and entrepreneurs that create jobs to Philadelphia by exempting them from paying the Net Profits Tax and the Business Income and Receipts Tax, formerly the … Continue reading Are you an emerging business owner in Philadelphia? Before you pay for your Commercial Business License, you may want to check out this resource:
Check out the Livin' on Luck Mad Poets Society event April ! Livin' on Luck -
Volume 5, Issue 4Happy Love Day! Check out our February Newsletter!
IRS PROVIDES INFORMATION ON 2020 UNEMPLOYMENT BENEFITS The IRS has provided the following information regarding 2020 unemployment benefits and the 2021 tax filing season: Unemployment benefits A record number of Americans applied for unemployment compensation in 2020 due to the pandemic. Anyone who received unemployment benefits will need to report it on their tax returns. However, … Continue reading Tax Update for Unemployment Recipients
The U.S. Small Business Administration, in consultation with Treasury, unveiled late in the evening of October 8 a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less.“The PPP has provided 5.2 million loans worth $525 billion to American small businesses, providing critical economic relief and supporting more than 51 million … Continue reading Freedom from complicated PPP loan forgiveness applications if your loan was <=$50K