Paycheck Protection Program Updates

Additional FAQs were posted by the Treasury Department concerning the Paycheck Protection Program late Monday evening, April 6, 2020.  You can read the article by the Journal of Accountancy here.

As a result of the revised guidance we have changed our PPP worksheet to show the 100,000 limit as only applying to W2 wages- box 5, and not to retirement, health insurance and state & local payroll taxes.  Click here for the revised PPP calculation worksheet.

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