How You Can Get PPP EXPENSES Forgiven If You're SELF EMPLOYED

Описание: Here's how to get eligible business expenses forgiven, if you’re self employed, through the Paycheck Protection Program - also known as the PPP. Enjoy!

I am a teacher and entrepreneur stuck at home ... so I started a YouTube channel - to help everyone else stuck at home.

So here are the sites and resources to help with your PPP loan forgiveness:
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1) Business Use of Car Information - https://www.irs.gov/taxtopics/tc510

2) Business Use of Home IRS Form 8829 - https://www.irs.gov/pub/irs-pdf/f8829...

3) IRS Form 8829 Instructions - https://www.irs.gov/pub/irs-pdf/i8829...

4) CIT Bank High Interest Savings Builder Account - https://teachingmillionaires.com/reco...

5) PPP Loan Forgiveness Application - https://home.treasury.gov/system/file...

Finally, keep in mind that you must apply for loan forgiveness eight weeks after the money is deposited into your account. At least 75% must be used for payroll and up to 25% can be used for eligible business expenses. It's a good idea to create a new bank account using the link above to keep your financial records clean when applying for PPP loan forgiveness.

If you need help with bookkeeping, you can use the link below for a free trial of Bench Accounting.

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This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. I am not a financial advisor. The information I share is for educational purposes only and shouldn’t be considered as certified financial or legal advice. It is imperative you conduct your own research. I am sharing my opinion only.