DS Expert Chat: 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?