PPP Forgiveness Application Due Date

Technical topics regarding tax preparation.
#1
Wiles  
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5073
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21-Apr-2014 9:42am
Location:
CA
I don't see any guidance yet for when a taxpayer can submit the application and what the due date is. Is that correct?
 

#2
Wiles  
Posts:
5073
Joined:
21-Apr-2014 9:42am
Location:
CA
Does anybody know when businesses can start filing the application?

If they choose 8 weeks, do they have to wait until after 6/30? And if 24 weeks, have to wait until after 12/31?
 

#3
sjrcpa  
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6563
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23-Apr-2014 5:27pm
Location:
Maryland
And when will the lenders accept them?
 

#4
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2101
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21-Apr-2014 12:31pm
Location:
HAWAII
Probably best to ask the lender.
 

#5
jon  
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1538
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3-May-2014 11:11am
Location:
minnesota
I have a client who has sent client his application (8 week) in, he made it out (Schedule C), yesterday he received a notice to make out the NEW one that had just become available.
 


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