For those business owners in need, the PPP Loan and possible forgiveness will hopefully secure resources needed by employers to pay their people and survive this economic downturn. With the SBA’s recent publication of the PPP Loan Forgiveness Application , we have put together guides to help you collect necessary information , documentation , and a simplified forgiveness calculator . These files are intended to aid you in preparing for a PPP loan forgiveness application with your lender after the expiration of your eight week PPP measurement period. Our guides do not substitute application guidelines used by your bank and the guidelines used in our materials are subject to change. Please continually monitor developments from the SBA and U.S. Treasury as subsequent pronouncements are released. The AICPA is also continually providing us guidance to apply the SBA’s forgiveness calculation. Our guides and tools can also be found at www.hancockaskew.com/theledger.
For further questions on our simplified forgiveness calculator, please contact Senior Manager, Sam Evans at 912-234-8243 or firstname.lastname@example.org.
The choice of entity is among the most important decisions facing taxpayers when starting a business or investment activity. The choice of tax entity generally includes a C corporation, S corporation or partnership, each having its own advantages and disadvantages that must be evaluated in terms of how the entity’s tax and legal characteristics align […]
Hancock Askew & Co, LLP is committed to complying with the Americans with Disabilities Act (ADA) and Web Content Accessibility Guidelines (WCAG 2.0 AA). For more information or if you need assistance, please contact email@example.com.