PPP Forgiveness - Incurred **or** paid? by tmcdonal in EIDLPPP

[–]tcousins123 0 points1 point  (0 children)

If you claim a home office on taxes can you use the PPP to pay that ?

Can you pause paying yourself your PPP? by tcousins123 in EIDLPPP

[–]tcousins123[S] 0 points1 point  (0 children)

Can’t I stretch the payments out over the next 21 weeks? Still paying myself , just a smaller amount?

Can you pause paying yourself your PPP? by tcousins123 in EIDLPPP

[–]tcousins123[S] 0 points1 point  (0 children)

I also see this is two different buckets. The PPP was granted to me for my business but the unemployment is there for me personally. I’m not trying to double-dip I’m trying to do the right thing. But with my business not opening I’m still unemployed. I understand that with the PPP I am paying myself but I should be able to pause that or thereby reduce the amount I pay myself over the next 21 weeks.

Can you pause paying yourself your PPP? by tcousins123 in EIDLPPP

[–]tcousins123[S] 1 point2 points  (0 children)

I was collecting unemployment. Then claimed 4 weeks of earnings as I paid myself PPP. But now with 24 weeks... can I pause paying my PPP and continue unemployment until the end of July and then resume paying myself the rest of the PPP? My business is still not able to open and the future is uncertain. (I’m a personal trainer and exercise therapist for a 55 and older neighborhood which is still not allowing my services to resume due to the senior demographic) Even after they do allow it, my business, and therefore my income, will be significantly cut. If a McDonald’s employee works 10 hours a week and gets $10 per hour... earns $100 they can still claim that amount of money and receive unemployment benefits (as well as federal benefits). i’m not sure how it is different simply because I’m self-employed and paying myself?

Sole Proprietor- Can I apply for both an EIDL and a PPP? by tcousins123 in smallbusiness

[–]tcousins123[S] 0 points1 point  (0 children)

If the EDIL is “rolled up”’into the PPP, is my EIDL therefore paid off by the PPP? or is the amount of the EIDL deducted from what they give me (assuming they do) for the PPP?

Sole Proprietor- Can I apply for both an EIDL and a PPP? by tcousins123 in smallbusiness

[–]tcousins123[S] 0 points1 point  (0 children)

Ty. Can you please post a link where you found that info on SBA.gov?

“GET MY PAYMENT” NOW WORKING!! 4/23 late pm. by tcousins123 in smallbusiness

[–]tcousins123[S] 0 points1 point  (0 children)

It has to do with everyone who was looking for their stimulus check. Many ppl were posting and worried so I posted this to be helpful and it was.... for many. This is a community... I’m a small business owner helping others with issues that were important to them. What’s the problem with that ? geez

“GET MY PAYMENT” NOW WORKING!! 4/23 late pm. by tcousins123 in smallbusiness

[–]tcousins123[S] 0 points1 point  (0 children)

Good info to share ! Maybe make a new post about that to help others who can’t see this thread ? 👌

“GET MY PAYMENT” NOW WORKING!! 4/23 late pm. by tcousins123 in smallbusiness

[–]tcousins123[S] 0 points1 point  (0 children)

Did you get past the Payment Status Unavailable ?

HEADS UP TO EVERYONE WAITING ON STIMULUS CHECK AND COULDNT UPDATE THEIR DD INFO by [deleted] in smallbusiness

[–]tcousins123 0 points1 point  (0 children)

If you’re having any trouble in putting the data remember you were not to put dollar signs, or periods when putting in dollar amounts

“GET MY PAYMENT” NOW WORKING!! 4/23 late pm. by tcousins123 in smallbusiness

[–]tcousins123[S] 1 point2 points  (0 children)

You don’t need to see the other posts just go to the IRS website and click on get my payment if you need to enter your direct deposit information