Q&A: PPP Documentation

Описание: Have questions about how to document FTE reduction exemptions?

Here were two questions asked and answered during a recent workshop:
1) How would you suggest you document the FTE reduction exemptions? In this case, several people decided to retire and not return.
2) Let's assume you have 5 FTE reduction exemptions. How would you represent this in the documentation and in the 3508 form?

Post your #PPP questions!

This clip originally aired at a workshop hosted by The CFO Leadership Council as sponsored by Upside Financial.

To learn more about how Upside Financial can help with PPP forgiveness, visit https://upsidefinancial.com/

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Hannah Smolinski is a #CPA and the Founder of Clara CFO Group.

Find out more about Clara CFO Group at https://claracfo.com/

Disclaimer: This video is intended for educational purposes and should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience.