Pitfalls of Paycheck Protection Program Forgiveness Application

For companies who used loans from the Paycheck Protection Program to keep their businesses running and their employees paid, getting the loan forgiven can be a confusing process.

In Bloomgberg Tax, Smolin’s very own Nicholas Gutzmer discusses the possible risks and how to prevent them while applying for PPP loan forgiveness.

The article discusses:

  • Officer Compensation
  • FTE Documentation
  • Salary and Wage Deductions
  • Expenses Paid with PPP Funds

Click here to read the full article.