Maximum Tax Resources

What leveling up looks like. We have great changes in store for 2021! #progress

Tax Day is TODAY! Did you know The FAILURE-TO-FILE PENALTY is generally MORE than the FAILURE-TO-PAY penalty. Dont let Uncle SAM take your money! You should file your tax return on time each year, even if you’re not able to pay all the taxes you owe by the due date. If you can not file on time, file an extension to avoid failure to file penalties.

TAX DAY IS TOMORROW! FYI- Did you know if you are owed a tax refund from 2016, tomorrow is your deadline to get it in or lose your refund! You can only collect refunds up to 3 prior years. Dont miss out on your money!

Should you prioritize saving for an emergency fund above everything else? What if you have credit card debt? Does the credit card debt supersede an emergency fund? With so many questions it can be hard to prioritize your financial goals. https://www.listenmoneymatters.com/prioritizing-your-finan/

Conducting business from home? Here are some great tips for those virtual conferences. https://bit.ly/2WygwMC

Even if you’ve followed all the latest headlines about your student loans and Coronavirus, you may still have questions. Here are the most common questions along with answers and what to do next. https://www.forbes.com//student-loans-coronavirus-answers/

The terms of an unforgiven PPP loan are still generous--1 percent interest, paid back over two years, with no other borrower or prepayment fees. But why pay more than you need to? Follow these four steps to ensure PPP loan forgiveness. https://bit.ly/2KU8wP7

About 30 million American small businesses are feeling the effects of the pandemic... if your business is one of them, you'll want to make sure you are getting the help you need. Here's a list of the government agencies, private companies and nonprofit organizations that are extending support to small businesses by state. https://www.zenefits.com//the-big-list-of-covid-19-financ/

Under Section 139, payments for personal, family, living, or funeral expenses incurred as a result of the COVID-19 pandemic are both tax-free to the individual recipients and tax-deductible expenses for the business. https://www.forbes.com//tax-free-financial-assistance-to/

What should entrepreneurs, especially newer ones, know as their business grows? Here are some tips from 13 members of the Young Entrepreneur Council. Which of these could work for you? https://bit.ly/2UmEMiJ

By now most small business owners know that the CARES Act, through the Small Business Administration (SBA), offers financial relief through two targeted loan packagesthe new Paycheck Protection Program (PPP) and the existing Economic Injury Disaster Loans (EIDL) program. Here's what you need to know abou the EIDL program: https://bit.ly/3dYybDo

Don't forget, there is still time to file your tax return!!!! The Treasury Department and the Internal Revenue Service are providing special tax filing and payment relief to individuals and businesses in response to the COVID-19 Outbreak. The filing deadline for federal tax returns has been extended from April 15 to July 15, 2020. https://bit.ly/2wnMUHg

Planning on returning to the office? Here are some tips that will help you get started. https://bit.ly/3h91VPq

Once you know where you stand you'll want to figure out your path forward! If you establish goals you can take steps in the right direction. This could be to get out of debt, spend less, save more or invest.