The Blog

You might have seen some rumors on this already, but I wanted to help make everything clear for you… A few weeks back I told you that there were some tax professional rumors circulating about “automatic PPP loan forgiveness” for loans under $150K. Remember that? Well, they did it! Except it is for even smaller loans (under $50K). And it’s … Read More

Local Newtown Square business owner to local Newtown Square business owner(though you might actually be out of the area — but this still applies), I want to remind you of something that you probably already know: With the election just one month away, the world is SWIMMING in conflict and negativity. And you need to be serious and proactive about … Read More

With the business deadline (9/15) behind us, we’re in tax planning season. Though the IRS (and Congress) haven’t yet definitively made a statement about it (that we know of), here at Stephen J. Venuti, CPA, MST, LLC we are operating according to the fact that the filing deadline is going to be April 15th, 2021 for 2020 taxes. But this … Read More

All the political people are arguing over taxes, and my inner geek smiles. (By the way, if YOU want to argue about the tax issues, here’s a good explainer article to start with before you make big declarations about the tax issues involved.) Because I’m not really interested in arguing over these things, to be honest — at least in … Read More

Here we are, with Q3 of 2020 in the rearview mirror, THANK GOODNESS. Only one more quarter left in this 2020 donkey — but it’s going to be an eventful one. I get asked a bunch by Newtown Square clients and friends what I think the markets will do, and the only thing I can really say is “expect the … Read More

I have a few quick-hit things to cover today. The first of which relates to some timing issues. Labor Day is behind us (though many of my Newtown Square business owner friends and clients don’t really take time off for that). (You can’t really take a vacation in the same way when you are where the buck stops. Because, well, … Read More

Just in time for the weekend, the IRS issued Friday-evening guidance about the overly-hyped (at first) payroll tax “holiday”. There was initial hope that this might be a great shot-in-the-arm for Newtown Square businesses and employees, but given how the thing is structured, and the limitations of executive action (i.e. it takes a Congressional order for taxes to actually be … Read More

If you didn’t get a chance to do this before, would you shoot me back a quick note through the email button at the top of the page? I’d like to hear from you… How are things going for your Newtown Square business right now? I’d like to get just a few sentences about what you are working on right … Read More

Would you shoot me a note? How are things going for your Newtown Square business right now? Doesn’t have to be long … just a little status update, is all. There might be some things we can do to help, if needed (or traps we can help you avoid if things are rolling along well). From what I’m seeing, the … Read More

I have some ideas for Newtown Square small business owners to chew on today about how to connect more clearly and deeply with your clients and prospects, but before I get there, some news: There is still no word about automatic PPP forgiveness for smaller loans (under $150K), and Congress is having trouble coming to an agreement on a host … Read More