Marty Pippins
By Marty Pippins 4/30/2020
Recent guidance clarifies that retirement contributions for unincorporated sole proprietors are excluded from payroll costs in calculating the maximum loan amount under the Paycheck Protection Program (PPP)—and so can’t be forgiven under the terms of that program.
Specifically, the Small Business...
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By Marty Pippins 4/8/2020
Last week the question arose as to whether retirement plan contributions for small businesses were covered under the CARES Act’s Paycheck Protection Program—now we have a definitive answer.
As was noted last week, Section 1102 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act of...
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By Marty Pippins 4/2/2020
Are retirement plan contributions for small businesses covered under the CARES Act’s Paycheck Protection Program?
Section 1102 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 creates a Paycheck Protection Program (PPP)[1] to help small businesses affected by the COVID...
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