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The most important item to note is that the FAQ indicates eligible payroll and non-payroll costs incurred before the covered period…
Since the COVID-19 pandemic began in early 2020, organizations have been forced to persevere through many unexpected issues.
The SBA’s Paycheck Protection Program (PPP) continues to receive a lot of press coverage as additional organizations apply for the second batch of PPP loans and those who have obtained funding struggle to determine how to calculate the forgiveness portion.
With the end of the year quickly approaching, now is the time to start thinking about preparing for a smooth 1099 filing season.