Posted 1/13/2021 20:13 (#8749084 - in reply to #8748835) Subject: RE: Quick PPP question
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That's the reason for waiting on any of these types of programs. It's a moving target at this point. When asking the corporate accountant our son has, he stated it has never happened in 45 years of doing taxes that you can get a ppp loan and months later raise the cap from $50,000 forgivable debt and then raise the level to $150,000.00 and still right all the fund on your schedule F and get the forgiveness. We had until March to get in the paperwork. I couldn't see being johnny on the spot in this case?