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The second round of PPP loan application and exemption

The second round of PPP loans: application conditions and how to apply (part 1)

The second round of PPP loans: application conditions and how to apply (part 2)

Q&A of the second round of PPP loans frequently asked questions

Tax saving tactics for small businesses

The first trick: choose the right type of company (self-employed/partnership/S Corp/C Corp)

The second measure: keep the account and make a record

The third measure: group medical insurance

Fourth trick: company retirement plan

Fifth trick: Use tax credits cleverly

Sixth trick: asset investment

Seventh trick: pay your child a salary and deposit Roth IRA

Summary: Plan as soon as possible to better save taxes

How to apply for full exemption of PPP loan

Overview of PPP loans

How is the amount of PPP loan determined?

What is Covered Period?

What conditions need to be met to obtain a full exemption?

What are salary expenses and non-salary expenses included?

If I want to apply for an exemption, do I have to hire the same number of full-time employees during the coverage period?

Can employees get a full exemption if their salary is reduced?

Who can be counted as self-employed?

How is the salary of a self-employed person calculated? Can I get a full exemption?

Summary: What factors will affect the application of PPP loan exemption?

How to apply for PPP exemption and application deadline?

Will the EIDL advance payment affect the exemption limit of PPP loans?

 

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