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PPP for S-Corp Owner with Annual Salary

  • 1.  PPP for S-Corp Owner with Annual Salary

    Silver Most Valuable Member
    Posted 06-25-2020 01:49 PM
    Hi All,
    For an S-Corp where the owner is the only employee and usually takes an annual salary in December, is it okay to take one paycheck now for the full allowable amount for PPP purposes?
    Stay safe and be well.
    Debbie

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    Deborah J. Zelen, CPA
    Melville, NY 11747
    917-923-5331
    Debbie@djzcpa.com
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