For many who perform your business because a collaboration otherwise an enthusiastic S otherwise C corporation, your face entity-certain PPP financing forgiveness legislation one affect your given that a keen owner-staff in the market.
The principles one to affect that you do not apply to the new rank-and-file personnel classification. Government entities throws your, the proprietor-personnel, in another “owner-employee” 
class in order to restrict your business’s PPP pros.
step one. Standard people in partnerships 2. S agency stockholder-professionals 3. C corporation shareholder-employees cuatro. Setting 1040, Schedule C filers (e.g., the fresh self-operating, just owners, 1099 recipients, single-associate LLCs, and you can couple LLCs addressed as the single-representative LLCs)
Læs videre “PPP Loan Forgiveness to own Partnerships and S and you will C Organizations”