WebDavid is Chief Financial Officer at Pulse Partnerships Pty Ltd. Pulse is the SPV delivering the Cross River Rail Tunnel and Stations PPP. This project is a Public Private Partnership to deliver 5.9km of twin rail tunnels and 4 new underground stations for Brisbane. Prior to Pulse, David was General Manager Corporate Development at BGC and responsible for … WebJan 4, 2024 · S Corp received roughly $35,000 in PPP loans in 2024, and no repayments have been made (deferred for 2 years). The business has not yet applied for forgiveness, …
IRS Expands on Reporting Expenses Used to Obtain PPP Loan …
WebNo change in expenses since this is a regular deductible expense. We're reporting the forgiveness as other tax-exempt income in Box 16B on the 1120-S or 18B on the 1065. For … WebDuring round 1 of the paycheck protection program, Pride Doran Ltd A Professional Law Corp requested a PPP loan for $15,600.00. They were approved on 4/11/2024 by the SBA for an amount of $15,625.00. The loan was facillitated by Gulf Coast Bank. Of the approved amount, Pride Doran Ltd A Professional Law Corp has received 100% of the approved ... ktbs television three shreveport la
Employee Retention Credit For S Corp Owners - Can They Claim?
WebExperienced senior lawyer with significant expertise in commercial and business law having particular focus in banking and finance, corporations and commercial contracts. Authorized Trademark Agent. Practice Areas: Banking and Finance, Corporate and M&A, Commercial Agreements and IP, PPP and Concessions Industry Sectors: Banking and Finance, … WebFTB has received several questions recently regarding the deductibility of expenses paid with Paycheck Protection Program (PPP) loan proceeds when the loan has been forgiven, … WebJul 20, 2024 · The Tax Cuts and Jobs Act limited itemized deductions for these taxes to $10,000 per year for a married couple filing jointly after 2024. This limit will sunset in 2025 … ktb statistics