FTEs Matter

Understanding how the number of Full Time Equivalents (FTEs) working at your office impacts the PPP loan forgiveness calculation is essential for anyone looking to max out the portion of this SBA loan that will ultimately be forgiven.  According to the SBA rules...

How To Max Out The Loan Forgiveness

The clock is ticking. Assuming your office has been closed for more than a month, what can you do now to maximize the loan forgiveness? The first step is to determine if you will be able to fully staff up by 6/30/20 to qualify for the Safe-Harbor described above. ...

More Info About EIDLs

As we wrote last week, the SBA is now reaching out to small business owners that their Economic Injury Disaster Loans are now available.  That article is available at: https://www.schwartzaccountants.com/2020/05/economic-injury-disaster-loans-eidl-are-now-granted/...

Please Put PPP Forfeiture in Perspective

Maximizing the portion of your PPP loan to be forgiven should be one of your goals.  Taking steps to ensure that the full amount of your loan is forgiven might be short-sighted. Too many clients seem singularly focused on doing whatever it takes for the full PPP to be...