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Can a married couple apply for separate PPP loans based on
Can a married couple apply for separate PPP loans based on separate 2019 schedule C's if we formed a single member LLC in 2020?… read more
emc011075
emc011075
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I have a small business, it's a single owner LLC and I was
I have a small business, it's a single owner LLC and I was under the impression that I would file my own taxes and the business it's own taxes. So I filed my personal taxes but not my business taxes y… read more
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I received my ppp on 1/27/21 (so I paid myself OCReplacement
Hi FredI received my ppp on 1/27/21 (so I paid myself OCReplacement based on PPP weekly) so I reported the income in the unemployment certification for the week of 1/25 - 1/30 (unemployment used Monda… read more
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Im applying for PPP loan as a single member limited
Im applying for PPP loan as a single member limited liability corporation … read more
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In 2019 i filed as a sole proprietor for 1040 and schedule
hi, in 2019 i filed as a sole proprietor for 1040 and schedule c. i have been using my personal account as my business account. in 2020 my only wages was from ppp payroll. for that reason, do i need t… read more
Stephen G.
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Single member llc does it qualify to apply for PPP Loan -
single member llc does it qualify to apply for PPP Loan - Member not on payroll and not drawing any salary, no emplyees payment made to contractors thru 1099… read more
Mark Anderson
Mark Anderson
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I am applying for PPP loan as sole proprietor because my
I am applying for PPP loan as sole proprietor because my entity is a single member LLC. It was not formed until 1/1/2020, so I have not yet filed a schedule C for 2019 (a requirement for the PPP). I h… read more
Carter McBride
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Situation. owner of llc is filing this week w2 for 2019 for
situation. owner of llc is filing this week w2 for 2019 for owner . company was new and owner is still in the process of learning compliance and all related laws. i understand this is possible. also i… read more
Robin D.
Robin D.
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I got ppp loan with my single member llc after 2.5 months,
Hi Carter I got ppp loan with my single member llc after 2.5 months, can I apply for PUA? Thanks… read more
Carter McBride
Carter McBride
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I have my PPP loan as a single member LLC with NO employees.
Hi, Carter,I have my PPP loan as a single member LLC with NO employees. This year the rent o fmy offices increased. So the rent will be different than the C schedule. Will it be OK? I pay the rent and… read more
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Carter McBride
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Is the SBAD TREAS 310 MISC PAY EIDG money taxable income?
is the SBAD TREAS 310 MISC PAY EIDG money taxable income? … read more
Carter McBride
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Carter, Do you know if any new rules out on single member
Hi, Carter,Do you know if any new rules out on single member LLC with no employees on 8/52 compensation forgiveness and 75% rule? Thanks… read more
Carter McBride
Carter McBride
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Carter, I have two single-member LLC's. One was opened in
Hi, Carter, I have two single-member LLC's. One was opened in 2017 and the other November 2019. Both have no employees. The 2017 LLC had net earnings in 2019 but 2019 LLC got negative profit. So , I j… read more
Carter McBride
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I have two single member LLCs(no employee s I got ppp loan.
Hi Carter I have two single member LLCs(no employee sI got ppp loan. State sent email to me and said I can apply for PUA effective on May 11 in Illinois. Can I apply fir it even I got the ppp Loan and… read more
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I have two single member LLC's. Both only have part time
Dear Sir/Madam, I have two single member LLC's . Both only have part time workers (not employees, issued 1099-misc forms). One had positive net profit on schedule C. And applied for PPP laon and got a… read more
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We're looking for help with questions regarding the ppp. Not
We're looking for help with questions regarding the ppp … read more
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I have an LLC. There are a few workers to train students
Dear Sir/Madam, I have an LLC. There are a few workers to train students behind the wheel driving with no fixed working hours (they just complete the training work when they are available). In the tax… read more
DK_CPA
DK_CPA
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I have a question regarding the PPP program, I am a sole
Hi, I have a question regarding the PPP program, I am a sole owner LLC. … read more
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