USA | JC STONE - 1/21/2021 07:41
on what basis can or would you amend round 1 to get more money. I think being a C corp cost me on round 1 as I was only able to get the amount based on payroll. Interesting for me round two has no calc for payroll in the app just quarterly income.
I file no Schedule F personally
If understand correctly on PPP 1 only ones that can amend is schedule C or F filers that are self employed and have no employees.
You need to look @ ERTC deal for first 6 months of 2021 for your C Corp. Need to have gross @ 80% or less of 2019 for first two quarters to qualify. Get 70% Tax Credit of up to $20,000 per employee = $14,000 tax credit per employee. |
Moral Dilemma and PPP
