Quote
“Documentation is key when it comes to calculating how much forgiveness you have.” - Jamie Nau
The finer details of this episode
- Changes related to compensation of employees and owners
- Rules for bonus and hazard pay for your employees
- Limits on owner compensation
- Changes that self-employed and partner filers can expect
- What this means for you based on your number of employees
- Rehiring procedures and requirements
- Forgiveness of interest
- Utilities and expenses in loan forgiveness
- How to calculate your payroll for loan forgiveness
- How these changes can be beneficial to your business
Episode resources
