PPP Guidance: Owner Compensation Rules

Описание: One of the common pitfalls that we're seeing with the PPP has to do with owner compensation.

Under the #PPP, owners still need to be paid, but there are limits on it.

Let's talk about owner compensation rules:
Avoiding windfall
Based on 2019
Based on tax status
Cash compensation limitations
Less than 5% owners

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

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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.