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PPP Forgiveness Planning

We chatted live with our friend Jody Grunden over Summit CPA Group LLC about how to plan for PPP forgiveness! Here's what we covered:

  • What expenses qualify for forgiveness and how should we be thinking about how to spend this money?
  • What happens to the amount that is not forgiven, and how is that taxed?
  • When do we request forgiveness and what docs will we need?

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