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re: PPP Loan Forgiveness App is finally out
Posted on 5/24/20 at 1:11 pm to RedStickBR
Posted on 5/24/20 at 1:11 pm to RedStickBR
If i payout my whole amount 100% of the PPE within 56 days i should be alright correct? I know its 75% within 8 weeks but im thinking of doing the whole amount within 56 days. Its going to be 4 payouts of the same amount within 56 days. MY PPE was not alot.
1
Posted on 5/24/20 at 4:17 pm to Double Oh
is anyone else facing a dilemma with retirement contributions?
I included 8 weeks prorated SEP contributions on the advice of our CPA but we do the actual funding at the end of our fiscal year in March. Due to an error on our part way back when we started the SEP we are always one year in arrears on each employees tax year, so we are maxed out for the 2020 tax year and can’t contribute until January
I was thinking about just opening a new money market account at vanguard and stashing the 8 weeks funds there and see what happens on forgiveness review
I included 8 weeks prorated SEP contributions on the advice of our CPA but we do the actual funding at the end of our fiscal year in March. Due to an error on our part way back when we started the SEP we are always one year in arrears on each employees tax year, so we are maxed out for the 2020 tax year and can’t contribute until January
I was thinking about just opening a new money market account at vanguard and stashing the 8 weeks funds there and see what happens on forgiveness review
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