✅RELATED VIDEOS:
1. “PPP 2 APPLICATION CHECKLIST”: https://youtu.be/S3sK1_-VGDc
2. “PPP 2 – NEW TYPES OF EXPENSES ARE FORGIVEN!” :https://youtu.be/oOrocDXUr1U
3. “PPP vs. EIDL: 8 Differences”: https://youtu.be/1OMrimfUfRk
4. “PPP 2.0 – EVERYTHING YOU NEED TO KNOW”: https://youtu.be/XLPBKD6ZqfI
5. “PPP 2 ELIGIBLE PAYROLL COSTS EXPLAINED”: https://youtu.be/jqsG0R26RSY
6. “2021 IMPORTANT TAX DUE DATES”: https://youtu.be/dUy0qEzCnRU
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In this video I walk you through three easy steps to calculate your Paycheck Protection Program (PPP) borrowing limit for S Corporations and C Corporations, explain PPP payroll costs and provide a list of IRS tax forms that you will need to provide as support for these payroll costs.
In addition, I will explain how to calculate the amount you can borrow through this SBA loan program via an example.

My channel features separate videos on how to calculate PPP borrowing amount for self employed without employees, PPP borrowing limit with employees and a borrowing limit for independent 1099 contractors.

Please watch other videos included in the PPP playlist on my channel.
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WATCH NEXT:

“PPP FORGIVENESS – WAIT TO FILE!”
https://youtu.be/kceoT1db2hc

“PPP – FAQs – Part 1”
https://youtu.be/_8kqzCCvH_A

“PPP – FAQs – Part 2”
https://youtu.be/eQUYXKdB3bM

“PPP FORGIVENESS KEY DATES & TIMELINE”
https://youtu.be/db_OYymHrV4

“PPP ACCRUED INTEREST MUST KNOW INFO”
https://youtu.be/2cpouxaNuEY

“PPP FORGIVENESS APPLICATION DUE DATE”
https://youtu.be/a3CjYSKnamI

“HOW TO SUBMIT PPP LOAN FORGIVENESS APPLICATION STEP BY STEP”
https://youtu.be/419aF5KYKfY

“PPP – TAX IMPLICATIONS”
https://youtu.be/3noxLs_DJvE

“PPP FORGIVENESS – OCTOBER 2020 NEWS”
https://youtu.be/d_00uHwnis0

“HOW TO MAKE CLIENTS PAY FASTER – 5 EASY STEPS”
https://youtu.be/CqIlE-2cR8c

“EIDL LOAN – TAX IMPLICATIONS”
https://youtu.be/hYu91hhhwh8

“UNEMPLOYMENT BENEFITS – TAXABLE!”
https://youtu.be/kNVUSE4Mkd8

“HOW TO AVOID IRS TAX AUDIT? – RED FLAGS TO AVOID!”
https://youtu.be/CSTaCwoJAH4

“IRS TAX LOOPHOLES THAT WILL SAVE YOU $$$”
https://youtu.be/-Q3xPJuVz9w
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Join my Discord – https://discord.gg/aDN4GmWXHc
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Disclaimers: The information provided on this channel should not be construed or relied on as professional advice for any specific fact or circumstance. This channel and its content are designed for entertainment and information purposes only. The content available is created to provide a general overview of a topic and is not a substitute for professional services. Always seek the advice of a finance or a legal professional that would take into account your specific circumstances. Opinions expressed are solely my own. Only publicly available information has been used.

#LenaPetrovaCPA #PPPLoan #PPPLoanKeyDates #PPPSecondRound


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