Marina Parkin (Koontz & Parkin, CPAs) and Jackie Durham (Koontz & Associates, PL) provide an in depth example of completing the PPP forgiveness application long form. This deep dive covers payroll costs, non-payroll costs, calculating employee compensation for wages, additional expenses and more.
Jo Ann Koontz, Jackie Durham and Marina Parkin provide examples of completing the PPP Loan Forgiveness Application Form 3508EZ (EZ Form). These examples will be focused for Realtors®, Schedule C filers and self employed individuals.
Jo Ann Koontz, Jackie Durham (Koontz & Associates, PL) and Marina Parkin (Koontz & Parkin, CPAs) take a deep dive into the exemptions and safe harbors related to the two PPP loan forgiveness applications. Additionally, strategies and critical information about documentation that will or may be required for your loan forgiveness is explained.
Marina Parkin (Koontz & Parkin, CPAs) and Jackie Durham (Koontz & Associates, PL) discuss the new EZ forgiveness application, regulation updates for forgiveness, choosing your loan cover period and whether you should apply before the deadline.
Jo Ann Koontz, PL and Marina Parkin, CPA talk with professional business coach John Seiffer, CEO Bootcamp. A long term and unexpected event like the coronavirus will put stress on a business. John presents the importance of scenario planning and process development for alleviating and reversing the effects of the pandemic on your business.
Marina Parkin (Koontz & Parkin, CPAs) and Jackie Durham (Koontz & Associates, PL) discuss the latest updates to PPP and EIDL loans including the PPP Flexibility Act modifications, newly available EIDL funds and how the changes to these relief opportunities can impact your business.
Jo Ann Koontz, Marina Parkin and Jackie Durham discuss recent legislation (Paycheck Protection Program Flexibility Act), updated comparison between PPP and EIDL, and your questions about PPP.
On Thursday, May 28th we discussed the latest Paycheck Protection Program regulations on how borrowers can seek forgiveness for payroll costs, loan forgiveness caps, salary/wages and commission payments for furloughed employees, non-payroll costs and more.