Creative Agency Success Show

PPP Loan Forgiveness (Update), What Business Owners Need to Know


Listen Later

Quote

“Documentation is key when it comes to calculating how much forgiveness you have.” - Jamie Nau 

 

The finer details of this episode 

  • Changes related to compensation of employees and owners 
  • Rules for bonus and hazard pay for your employees 
  • Limits on owner compensation 
  • Changes that self-employed and partner filers can expect 
  • What this means for you based on your number of employees 
  • Rehiring procedures and requirements 
  • Forgiveness of interest 
  • Utilities and expenses in loan forgiveness 
  • How to calculate your payroll for loan forgiveness 
  • How these changes can be beneficial to your business 

 

Episode resources

  • Summit CPA website - www.summitcpa.net
  • Email us with questions/comments- [email protected]  
...more
View all episodesView all episodes
Download on the App Store

Creative Agency Success ShowBy Summit Virtual CFO by Anders

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

9 ratings