The SBA has just released the PPP Loan Forgiveness Application, and Douglas Dickey, CPA CEPA, gives an in depth breakdown on how to navigate the complex processes in order to complete the form properly. You will understand how to determine an FTE, and be able to calculate individual salaries, wages and forgiveness reductions. What is “Safe Harbor?” and have you met the criteria to be compliant? What documents do you need to submit, and what non-compensations are eligible for forgiveness. Download the application from www.drdacpa.com and follow along, as Doug unravels components of each form.
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