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Middlesex Massachusetts online Form 14039 (SP): What You Should Know
The Request for Proposal will contain the following: 1.) Summary of program objectives and key factors that drive success within the program; 2.) Description of the applicant or applicants; 3.) Submission of a short description of any significant change in the status of the business activity within the previous fiscal year; 4.) Description of potential solutions for program and organization challenges that may lead to program problems; and, 5.) Description of potential project opportunities and potential solutions that address the program goals. Please ensure that all information provided is accurate and complete. For more information about the Small Business Recovery Program, please contact: Susan E. Hensley, Development Coordinator, at; and Jennifer S. McDaniel, Program Assistant, at. The City of Somerville was one of the participants in the Small Business Recovery Program (SBR), a federal and state-funded statewide economic development program, led by the state's Economic Development, Small Business Council (EDS) and administered by the City Department of Economic and Community Development. The Small Business Recovery Program (SBR) is a multi-year public-private partnership that creates opportunities for small businesses to increase their revenues, reduce their tax liability, and receive benefits for new employment and capital investment. The SBR assists small businesses to improve their financial performance by helping them achieve tax, payroll and other payment savings and by providing low-cost, or even zero, lease modifications to help them achieve more sustainable growth. If you are interested in applying for the small business tax credits the SBR provides, you should carefully review all the information on the SBR webpage on the ENSCP website. SOME TAX OPTIONS SUMMARY OF TAXABLE AND EXPENSED ACTIVITIES FOR FISCAL YEAR 2015 SUMMARY PROVISIONS OF GENERAL PROVISIONS OF LAW FOR TAXPAYERS AND AGENTS General Purpose Tax (GPT) on the first 5,000 of net profits from the sale or exchange of tangible personal property, or 20,000 for estates, of an individual, or 10,000 for all other categories of taxpayers. Net profits to be used for capital investment.
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