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ADDENDUM NO. 1 MOM-AND-POP SMALL BUSINESS GRANT PROGRAM TO ALL APPLICANTS: The following changes are issued to add to, modify and or clarify the Request For Applications for the referenced document.
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What is mom and pop?
Mom and pop refers to small, independent businesses that are usually run by a family or a couple.
Who is required to file mom and pop?
Mom and pop businesses are typically required to file taxes as individuals or sole proprietors.
How to fill out mom and pop?
To fill out mom and pop taxes, individuals need to report their income and expenses on Schedule C of their personal tax return.
What is the purpose of mom and pop?
The purpose of mom and pop businesses is to provide goods or services to the local community and support the livelihood of the owners.
What information must be reported on mom and pop?
Information such as income, expenses, deductions, and credits must be reported on mom and pop taxes.
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