With everything from the "Interim Final Rules" to changing regulations and requirements, keeping track of how you can use your PPP loan funds—and what you need to have your loans forgiven—is a full-time job. We began compiling the list of documentation needed to ensure our clients were prepared, whether they need information now or later when they go to apply for forgiveness. By staying on top of the documentation, the process of applying will be that much easier.
There are tax credit relief options available to small business owners under the Families First Coronavirus Relief.
If you applied for and have received your PPP loan funds, you may be curious about what tax credits now apply to.
(photos courtesy of Defense Leadership Forum, Luke Backus at the 2019 West Coast SBDC Summit)