by Dave Moja | May 28, 2020 | Tax Tips |
ISSUE We continue to receive guidance from the SBA and Treasury Department meant to clarify Paycheck Protection Program (PPP) Loan Forgiveness. Let’s look at the FTE information. SITUATION Marathon Bible College (MBC) is a private college exempt under Internal...
by Dave Moja | May 6, 2020 | Tax Tips |
ISSUE The SBA has clarified whether expenses paid for housing allowances could be included in “payroll costs” when figuring the amount of spending on covered costs during the 8-week period after receiving PPP funds. This can be important for applying for “PPP...
