For complete information about the Paycheck Protection Program and other assistance for small businesses, visit the Treasury Dept. website at:
https://home.treasury.gov/policy-issues/top-priorities/cares-act/assistance-for-small-businesses
IAG has developed an Excel spreadsheet to help small businesses document their payroll costs for the Paycheck Protection Program. If you are interested in obtaining a copy of the Excel spreadsheet at NO COST, please email joanna@iagforensics.com. Please note, this spreadsheet was designed as a “tool” to assist small businesses, it is not a requirement for any loan application and may or may not contain all of the information required by your banker for loan approval. It is provided without any kind of warranty or guarantee whatsoever.
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Laurie:
Your help is very much appreciated. How can I convince my partner that she should include her salary and health insurance in the calculations? She thinks that because each of us pays our own salaries and health insurance from our separate PCs. that we cannot count them, even though the health insurance is invoiced under our LLC. I am afraid she is going to leave money on the table.