MJ Tolbert Tax Firm

It's a NEW MONTH!! Here is our list of NEW GRANT OPPORTUNITIES that have spring and summer 2021 deadlines. Dream Big Awards - Offers a $25,000 cash prize to the Small Business of the Year winner. The application deadline is July 16, 2021. You can apply for the awards as a small business or be referred by a local Chamber of Commerce or trade organization. Learn more HERE https://www.uschamber.com/dream-big-awards Nav's Small Business Grant - Nav, a loan and credit card matchin...g service has a 2021 round of grants to help small businesses. The grand prize winner receives a $10,000 grant and the runner-up received $5,000. Applications are open through May 31, 2021. Learn more https://www.nav.com/business-grant-contest/ Black Founder Startup Grant - SoGal Foundation has teamed up with Winky Lux, bluemercury, twelveNYC, Twilio, and other sponsors to provide $10K and $5K cash grants to Black women or nonbinary entrepreneurs. Applications are rolling more info can be found here http://www.iamsogal.com/black-founder-startup-grant/ Black Restaurant Accelerator Program - In partnership with PepsiCo Foundation, the National Urban League through its 12 Entrepreneurship Centers in cities across the U.S., has launched the Black Restaurant Accelerator Program (BRAP). The Program will provide direct grant assistance grants to 500 businesses, and technical assistance, including entrepreneurial coaching. Must be Black-owned food service company located in in the service area of a National Urban League Entrepreneurship Center in one of the following cities: Atlanta, GA; Baltimore, MD; Chicago, IL; Cincinnati, OH; Cleveland, OH; Houston, TX; Jacksonville, FL; Las Vegas, NV; Los Angeles, CA; New Orleans, LA; Philadelphia, PA; and Washington DC. Learn more here https://nul.org/program/black-restaurant-accelerator For Black-Owned Businesses in Florida - The Black Business Loan Program (BBLP) provides lending opportunities and technical assistance to black entrepreneurs throughout the state of Florida (might only be Miami-Dade County). Under BBLP, loans are available from $2,500 to $75,000. Learn more here https://miamibaysidefoundation.org/black-business-loan-pro/ Digital Undivided Fellowship - The Do You Fellowship Program will award 10 promising Black and Latinx women innovators with a $5,000 investment in their business and access to unparalleled resources and mentorship necessary to develop their businesses. To learn more and register to be notified when the applications are available, click here https://www.digitalundivided.com/the-do-you-fund Questions about PPP Loans? The SBA will continue to accept PPP loan applications until May 31, 2021.

Your Friday tax fact from Columbus based MJ Tolbert Tax Firm LLC.

As the economy continues to reopen across the country, many businesses are hoping for a better summer than last year. In case you missed them, here's a breakdown of the latest stories affecting your small business.

Here are the June 2021 Business tax due dates:

With the ever-increasing complexity of our tax system, it is commonplace for many small businesses to make mistakes with bookkeeping and filing. One way to avoid making errors is to be aware of the most commonly encountered pitfalls.

NEW SERVICE ALERT Starting July 2021, we're offering new services to help our small business clients get funding and build your business credit!!

Let's get the weekend started. Friday from MJ Tolbert Tax Firm LLC

NEED TO SPEAK TO SOMEONE ABOUT YOUR UNEMPLOYMENT?? You can now Schedule an appointment to speak with a representative. The Georgia Department of Labor announced the launch of a pilot program for an on-line appointment scheduler. This scheduler will allow claimants to request an appointment with a claims representative to ask questions regarding their claim. Each appointment will be assigned a two hour window in which a representative will call the claimant. An initial two we...eks of appointment slots will schedule almost 3,000 appointments during the pilot period. Like MJ Tolbert Tax Firm page to stay up to date on important news you can use. https://dol.georgia.gov/appointment

To say COVID-19 has made 2020 a disastrous year for just about everyone would be an understatement. However, 2020 gives rise to more than the usual tax planning opportunities. Watch this video to learn about these possibilities.

Many people are renting out their homes or vacation homes and are not aware of some special rules that apply to short-term rentals. Some of these rules can be beneficial, while others can be very detrimental.

2018 Amended Return

A little inspiration from MJ Tolbert Tax Firm LLC. Wednesday Wisdom

To cope with inflation, the tax code requires the IRS to adjust the tax rates, standard deductions, and a variety of other tax related numbers each year, which they recently released for 2021.