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Tuesday, June 23rd 9:30 a.m. Navigating PPP Forgiveness and the Flexibility Act - Shared screen with speaker view
Suzanne Darden
32:27
what is included in “transportation” - an eligible utility expense
Bobby Bragg
33:32
https://jmf.com/covid19-tax-resource-page/
Bobby Bragg
34:39
Updated PPP Loan Forgiveness Application https://home.treasury.gov/system/files/136/3245-0407-SBA-Form-3508-PPP-Forgiveness-Application.pdf
Leanne Spencer
42:48
Does the covered period start at the date of disbursement of the loan?
Bobby Bragg
44:08
EZ Form https://home.treasury.gov/system/files/136/PPP-Forgiveness-Application-3508EZ.pdf
Lisa Downard
45:25
What if one employee voluntarily quits for another job opportunity?
Susan
48:50
I have 2 FTE's and 3 PT prior COVID. One PT had 2 other PT jobs and she claimed unemployment under those 2 jobs. I have not had her come back but the other EE's covered her hours so I've paid out those hours
Tina Miller
01:04:51
How is this discussion changed for self-employed with 0 employees?
Debbie Carabin
01:06:46
Can we use the FFCRA once the PPP Loan period is over?
Bobby Bragg
01:06:50
Link to slides shown today: https://jmf.com/wp-content/uploads/PPP-Loan-Forgiveness-PowerPoint-Update-06.23.20.pdf
GPhillips
01:07:36
when do you have to take forgiveness this year or next?
Emily Burns
01:09:16
has there been any information released on PPP funds covering self-funded unemployment costs (eg NPO’s who pay into a trust be state UI)?
Emily Burns
01:09:32
*vs state UI
GPhillips
01:10:15
Will the forgiveness be tax free? Will payroll be a deductible expenses?
Charles R Nash
01:12:00
Are there any special or different considerations in the Forgiveness rules for non-for-profits and faith-based organizations that are different from companies/for-profits?
James Cain
01:16:20
Can you clarify the cap for owner/employee salary for 24 weeks?
bill gosselin
01:16:47
Thank you for putting this together!
kmcmurray
01:17:18
Thank you JMF!!!
Debbie Carabin
01:18:19
Very helpful!
Susan
01:18:35
Yes thank you Chamber and JMF!
Karen Wevick
01:19:21
Can you apply for forgiveness when you finish "spending the funds" and not wait until the end of your 24 week period?
Joanna Love
01:19:29
Thank you Chamber and JMF. Very informative!
GPhillips
01:21:41
Thanks Great Job