PPP Archives - Wealth Builders CPA's

Home Posts tagged 'PPP'

Self Employed During the Pandemic? Washington Did Not Forget You

Weekly Tax Tips

You report your business income as self-employed on Schedule C of your Form 1040 if you receive 1099 income, operate your business as a single-member LLC and did not elect […]
Double Benefits: Claiming Both the ERC and Tax-Free PPP

Weekly Tax Tips

First, say thanks to the Consolidated Appropriations Act, 2021 (CAA), enacted December 27, 2020. It opened the door (retroactively and going forward) for Paycheck Protection Program (PPP) participants to also […]
PPP Extended – Act Fast or Miss Out

Weekly Tax Tips

Good news. The PPP Extension Act of 2021 makes Paycheck Protection Program (PPP) monies available until the earlier of May 31, 2021, or when the money runs out. According to […]
Who Qualifies for First Draw PPP Money Today?

Blog, Weekly Tax Tips

Answer-you most likely-if you file a business tax return and have not yet received any Paycheck Protection Program (PPP) monies. But don’t wait. The money is going to run out […]