The Senate has passed additional funding for the Paycheck Protection Program.  The House is expected to take up the bill today (Thursday, April 23, 2020).  The President has said he will sign the bill.  If you did not get an application in already, this most likely will be your last chance.  Please work with your banker to prepare an application and make it your top priority.  This also applies to Schedule C and Schedule F filers who had a net profit in 2019.

See our earlier posts for Schedule C and F filers here, and for C Corporation, S Corporation, Partnerships and Not-for-Profits here.