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Archive for May 2020

YOUR PPP LOAN FORGIVENESS WILL PROBABLY BE LESS THAN ANTICIPATED

By Payroll Complete | May 14, 2020 | 0
PPP loan forgiveness

Article Highlights: Paycheck Protection Program (PPP) Loan Terms  Loan Amount  PPP Loan Forgiveness  Reduction in Pay  Decrease in Employees  Qualified Expenses Limitation  Documenting Forgiveness Now that you have gotten a Paycheck Protection Program loan (PPP), it is time to start planning how to spend the loan proceeds so some portion of the loan will be forgiven.…

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