Category: <span>PPE</span>

Q&A: PPP Forgiveness Answers for S Corporation Owner-Employees

Q&A: PPP Forgiveness Answers for S Corporation Owner-Employees

Q&A: PPP Forgiveness Answers for S Corporation Owner-Employees  Tax law definitions do not apply to much of the PPP, making it new ground for owners of S corporations. Here are answers to four questions of concern to many S corporation owners. 1. Spouse Owns S...
Spending the PPP Money on You and Your Employees

Spending the PPP Money on You and Your Employees

Spending the PPP Money on You and Your Employees If you report your business income and expenses on Schedule C of your Form 1040, your Payroll Protection Program (PPP) loan forgiveness is straightforward, as you see in the four answers below. 1. Paying Myself...