To clarify, the CARES Act $350B business Payroll Protection Program loans are different than the SBA Disaster Loans, 2 completely different loans and applications. Check with your bank regarding the CARES Act business Payroll Protection Program loans. Banks are just now starting to put out information regarding CARES Act PPP Loan, application was posted yesterday afternoon by the US Treasury. Please see the US Treasury Fact Sheet Here The CARES PPP Loan has a loan forgiveness aspect to the loan.
Subjects
- PPP Loan Application Open Today by Mike Noon
- 3 Martini Lunch by Mike Noon
- PPP Loan Expenses Appear to be Now Deductible by Mike Noon
- PPP Loan Forgiveness and Adding Covered Expenses Back to Income by Mike Noon
- California Creates $100 Million Hiring Tax Credit for Small Businesses by Mike Noon
- IRS New Form 1099-NEC for Non-Employee Compensation by Mike Noon
- Unemployment Fully Taxable for Federal by Mike Noon
- Employee Social Security 6.2% Tax Deferral 9/1/20 to 12/31/20 UPDATE by Sandra O’Connor
- Employee Payroll Tax Deferral 9/1/2020 to 12/31/2020 by Mike Noon
- Expensing Employee Tuition by Sally Thrapp
- Canceling IRS & CA FTB 2019 Electronic Withdrawal Payments Setup
- Payroll Protection Program Loans are Different than the SBA Disaster Loans, by Mike Noon
- COVID-19 Recovery Rebate Checks, by Mike Noon