raymondmorin200
Level 2

PPP LOAN:  I HAVE A CLIENT WHO IS A SOLE PROPRIETOR, HAS NO EMPLOYEES AND WORKS OUT OF HIS HOUSE.  ALL OF HIS PPP LOAN WILL BE USED FOR PAYROLL.  WHEN I TOLD HIM I NEEDED TO DEDUCTION SOCIAL SECURITY AND MEDICARE FROM HIS PAYROLL, HE SAID HE DID NOT WANT ME TO ANYTHING FROM HIS PAYROLL.

HE FOUND ANOTHER ACCOUNTANT WHO IS NOT DEDUCTING ANYTHING FROM HIS PARYROLL.

ACCORDING TO THE PPP LOAN FORGIVENESS INSTRUCTIONS, FORM -941'S AND STATE WORKFORCE COMM. REPORTS MUST BE SUBMITTED WITH THE FORGIVENESS APPICATION. 

YOUR THOIGHTS?

RAY

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