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How do I determine what is the current and noncurrent
How do I determine what is the current and noncurrent portion of my PPP loan? … read more
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ALEX O
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I'd like to get advice on the Paycheck Protection Program
I'd like to get advice on the Paycheck Protection Program and the SBA Loan program. I have taken PPP and just got approved for an SBA Loan, too - I'm not sure whether it makes sense to take both. … read more
JeffS6413
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I am about to confirm my SBA Loan - Business is a LLC and I
I am about to confirm my SBA Loan - Business is a LLC and I am the solo proprietor. Am I allowed to write a check from my business to me for salary for back pay - all the weeks I have not earned any m… read more
DK_CPA
DK_CPA
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I am wanting to ask about the EIDL Loan. LLC taxed as
Ideally for starting Payments back to me, the sole employee, utilities, partial rent, and internet. Is equipment an item I can do? I am running a 2013 computer and could use an upgrade. Anyways, my other question is since I pay myself in bits when I need it, and don't use payroll as a service, does that still count under the categories when I fill in payroll amount? … read more
R. Klein, EA
R. Klein, EA
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I am self employed and got his badly by the Covid thing. I
I am self employed and got his badly by the Covid thing. I am a sole proprietorship. I got approved for the PPP loan and the EIDL loan. I applied for both at once and got approved for that loan months… read more
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Hi, we got our ppp money almost 8 weeks ago. We were filling out the forgiveness application but wanted to know the due date for the application.… read more
ALEX O
ALEX O
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i am a small business - i got the ppp loan but not the sba loan. it's hung up over technicalities. what can i do? … read more
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I got approved for a PPP loan for $8346, my schedule c net
HI i got approved for a PPP loan for $8346, my schedule c net income for 2019 was 40,061 So i am calculating how much i can get forgiven i did had a part-time employee on 02/15/2020 so far i am able t… read more
DK_CPA
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I am self employed and owner (sole prop) of my company who
i am self employed and owner (sole prop) of my company who applied for a PPP loan. and received it. I have no employees on payroll or salary besides my self. Can I claim payroll expenses if I pay my s… read more
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Hi there. I'm hoping to get some questions answered about my PPP loan! … read more
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What is my best strategy for maximizing income during this
What is my best strategy for maximizing income during this time when my one-man small business is running at extremely limited capacity? I have already gotten the PPP loan, but wonder if I can also fi… read more
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Our company received a payroll protection program loan. We
Our company received a payroll protection program loan. We have to spend the money in a 2 month period. Exactly how is payroll calculated for the purpose of loan forgiveness? Is it gross pay, net pay … read more
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I recieved my PPP loan. Does the 8 weeks start the day I got
Hello, I recieved my PPP loan. Does the 8 weeks start the day I got the funds? Also do payroll taxes count toward the forgivable amount? Thanks.… read more
Robin D.
Robin D.
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We applied for ppp to pay employees. We are waiting for a confirmation.Our payroll is due this week. On Friday. I highly doubt we will have any of these funds.If we pay the employees out of our own po… read more
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