That’s outrageous. Thanks for sharing. The priority window might close but they’ll still process. The off thing is that this program ends 3/31 so what the heck are the doing?!
Sure but I’d rather have a ppp loan based on 2019 gross income that might be forgivable but we’ll take whatever relief we can get at this point. I’m extremely happy they did this for the self employed. Better late than never
It’s everybody whose waiting for these supposed changes to use gross receipts It’s truly unbelievable they would roll out this window and want to make a great change but have given us no clue when.
Hello, best website to apply for the PPP loan? Every place Im trying to apply is asking Line 31 or so from Schedule C (NET) and not my gross. My gross is approximately 10x higher than my net. Thanks!
@@opsaccountingtaxservices2324 I looked at Lendio, Kservicing/kabbage, Smartbiz, nav, etc, all of them asking for net not gross. Do the systems just need to be updated?
Hello thanks for video,I'm an scorp & I am only employee for the scorp 100%share holder ,with no payroll service can I still apply,what's your opionion
If you meet the gross income test in my opinion yes. Get on a payroll service or reach out to me for help. You have to file wages as an s Corp owner so if you haven’t yet you need to for 2020 as well
@@opsaccountingtaxservices2324 on my personal taxes I have a schedule c, thanks again for responding I'm not use to that on you tube,send me your contactl info