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Volume 6 Issue 5The April 18th tax deadline is right around the corner and so is rest!Dear Financial Freedom Press Readers,We hope all who celebrate the Passover and Easter holidays, enjoyed quality time with loved ones. We are diligently working to meet the April 18th deadline for all of our tax clients who have submitted their information, so again, we apologize if our response time has been slower than usual.We also wanted to let you know that we will soon be entering our post tax season of rest. The office will be closing April 18th at midnight and reopening on Monday May 8th. During that time, we will have limited access to email and will return all messages on May 9th.TAX DEADLINES – Automatic extensions have been filed for any returning clients who were unable to submit all of their tax information to our office by April 1st. Unfortunately, we can no longer accept new clients for the 2022 tax season unless they have already filed an extension request with the IRS. Here is link to the IRS Form 4868 you will need to make the request. Once you have confirmation of your extension, please email us at taxsupport@mtaustinandassoc.com and we will reach out to provide you with a secure portal to upload your tax documents.REMINDERS MT Austin and Associate’s special pricing of our “Less Taxes, More Money” course has been extended until October 15th! You can order the video course for only $21. The regular price of $225 will be reinstated on October 16, 2023.If you are in need of a QuickBooks online subscription, we offer discounted subscriptions through our wholesale billing and pass the cost savings on to our clients. Email us for our affiliate link to access savings of up to 50% off QuickBooks retail pricing.We would like to wish a blessed holiday season of Ramadan (March 22-April 20) and Eid al-Fitr (April 20-21) to our Muslim family, friends and clients.Please continue to engage with us via social media @mtaassoc : LinkedIn, Facebook, Instagram and our @thewealthactivator Instagram page. Have a Great Week and Many Happy Returns!Mary Tonita AustinCEO, MT Austin and Associates and The Wealth Activator

Tax season is winding down and so are we!

1099 Basics for Small Business Owners

While not a substitute for tax advice from an expert, this guide is designed to help you understand the basics of 1099 reporting for independent contractors to remove the complexity and help you understand your obligations so everyone avoids IRS and state penalties.  

The Best Business Entity for Your Small Business

One of the questions I get asked the most is "which type of entity should I form for my small business?" The answer is always.. "it depends".

What does financial freedom look like to you?

Let’s celebrate Nelson Mandela through service to others and our own financial independence!

A Time to Recover

I've had to take some time to process all that has transpired this past week. The emotions, the traumatic videos, the grief, the worry and the racist actions and comments on social media all weigh heavy on me and my family. I am a black woman, the mother of a black son and daughter and … Continue reading A Time to Recover

Upcoming S-Corp and Partnerships Tax Deadline

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

Are you an emerging business owner in Philadelphia? Before you pay for your Commercial Business License, you may want to check out this resource:

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: