PPP Loan taxed or Non-Deductible? Photography Studio Answers
Did your photography studio request a PPP Loan? Is it taxable income? Can you deduct expenses? The short answer is… it’s not taxable income but the expenses you have and pay with it, won’t be deductible. On the bright side, it’s free money and you were able to pay 100% of an expense. https://www.cnbc.com/2020/05/18/small-businesses-wont-be-able-to-deduct-some-expenses-covered-by-ppp.html Join […]
PPP Loan Forgiveness for Photographers
Are you a photographer that applied for the PPP Loan with the intention of having it all or some of it forgiven? In the next 8-12 weeks you’ll likely be applying for forgiveness. Here’s a brief overview of the forgiveness application. https://www.sba.gov/sites/default/files/2020-05/3245-0407%20SBA%20Form%203508%20PPP%20Forgiveness%20Application.pdf The application has 4 components and certainly isn’t easy to use if your […]
$10,000 SBA Loan Advance for Photographers – Covid-19 Relief
The title says “loan” but if it doesn’t have to be repaid then it’s effectively a grant right? If you’ve been impacted by Coronavirus and can self certify, you can potentially receive this $10,000 advance that does not have to be repaid. If you’re a photographer and had a business at the beginning 2020, make […]
SBA Loans for Photographers – Forgivable Loans During the Covid-19/Coronavirus Crisis
Current as of March 31, 2020 Update on SBA Loans for Photographers. May not have to be paid back and how to apply faster. *Who *Where *Why *How *When Apply here: https://covid19relief.sba.gov/# https://photographytoprofits.com/ Humberto GarciaHumberto Garcia is the world’s leading photography business growth expert. Founder of Photography to Profits and high-performance coach to multiple 6-figure […]
Photographers Can Get $23,400+ from The New Stimulus Bill Just Passed – Unemployment Insurance
How Photographers in the USA can get $23,400+ in Assistance with supplemental unemployment insurance from the federal government. Join our FB Group: https://www.facebook.com/groups/boudoirhighrollersclub/ Copy of the final bill: https://files.taxfoundation.org/20200325223111/FINAL-FINAL-CARES-ACT.pdf Apply for SBA loan: https://www.sba.gov/disaster/apply-for-disaster-loan/index.html Humberto GarciaHumberto Garcia is the world’s leading photography business growth expert. Founder of Photography to Profits and high-performance coach to multiple […]
How Photographers Can Apply for Covid SBA Loans
Super important preliminary read for those considering SBA loans: https://www.winston.com/en/thought-leadership/covid-19-senate-passes-sba-paycheck-protection-loan-program.html CAN PPP SBA LOANS BE FORGIVEN? PPP loans can be forgiven to the extent that the loan proceeds have been used for the following costs incurred and payments made during the eight-week period after the loan is made: Payroll costs, excluding the prorated portion of […]
How to Build a FB Group for Your Photography Business
The Definitive Guide To Building and Maintaining a Photography Client Facebook Group! Creating a free Facebook group for your photography business is an easy way to book more clients, as well as maintain a place to build trust and value within your community. Because you have full control as the group creator and administrator, you […]
Why My Gym Sent Me To Debt Collections
Something shocking happened to me about a year ago. I was sent to debt collections by my gym, through no fault of my own. My credit card had been stolen and the thief racked up tons of charges. Thankfully, the charges were reversed when I reported the card stolen, but not every subscription on autopay […]
How to Use The Dream 100 Strategy to Market Your Photography Business
How do you get in front of hundreds, even thousands, of potential clients without paying for ads or doing a crazy choreographed dance on TikTok? Looking at the launch of Disney+ reveals a strategy most major corporations do… but few small businesses attempt. How is Disney marketing Disney+ to millions of potential customer and how […]
2024 Facebook Ads Guide for Photographers
Facebook Ads offer a ton of advantages for your photography business. For many photographers, Facebook ads are a better investment than Google Ads or other SEO strategies for one simple reason: Facebook Ads can reach people that don’t even realize they need your business! Creating powerful and targeted ad copy, you can reach moms-to-be to […]
