Archive for May 2020
YOUR PPP LOAN FORGIVENESS WILL PROBABLY BE LESS THAN ANTICIPATED
Article Highlights: Paycheck Protection Program (PPP) Loan Terms Loan Amount PPP Loan Forgiveness Reduction in Pay Decrease in Employees Qualified Expenses Limitation Documenting Forgiveness Now that you have gotten a Paycheck Protection Program loan (PPP), it is time to start planning how to spend the loan proceeds so some portion of the loan will be forgiven.…
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