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 […]
Building a Photography Website? 9 Mistakes That Could Cost You.
Are you struggling with building a photography website? Have you questioned if your website is running at its full potential? Chances are it’s not, 70% of all websites on the internet aren’t fully optimized for the modern day Web. Websites that can’t keep up with current standards will start to collect cobwebs and ultimately damage […]
13 of the Most Effective Strategies to Building an Email List
So, you want to build an email list… Well you’ve come to the right place my photographer friend. Building your email list is one of the most fruitful ways to keep your audience engaged and interested in your business. In the long term it is the one of the best channels to invest your marketing […]
Top Photography Website Builders for a Successful 2019
One of the most important things a Photographer needs to focus on is their website and the impression it makes on potential clients. The difference between an okay website and a great website could translate to hundreds in potential sales. But what makes a website great? Simply put, one that converts. The key to a […]
Mini Sessions Might Be Killing Your Photography Business
Generally, mini photo sessions tend to do more harm than good for a photographer looking to grow their business. This is especially true for those just starting to establish themselves as professional photographers. Today, I’m going to show you how mini photo sessions can damage your business, and then I’m going to share the secret […]
