8180 NW 36th St., Suite 301, Doral FL 33166 (305) 517-3977 info@ia.tax

Information on the rules of the Paycheck Protection Act loans

SBA Paycheck Protection Act

Dear valued clients and friends,

Attached please find more helpful information on the rules of the Paycheck Protection Act loans that are being administered by the SBA.  One question that many of you have been asking is "Can I include independent contractor payments in my payroll costs for purposes of this loan?".

  Page ten of the attached clearly defines what are payroll costs for these loans. Page 11, section h. of the attached clearly answers the question about including independent contractors in your payroll costs.  Please refer to these pages in the attached document for your answers on this matter.

Kindly note we are here first and foremost to assist our clients with their needs, and there certainly have been many as we all struggle to understand new laws and rules resulting from the current crisis.  We want you to know that we are grateful to you all that can financially support our firm during these trying times.  For our clients that have had to cancel our services, due to being closed or severely impacted by this disaster, we will do our best to assist you as well, but in fairness will be giving priority to our current paying clients.

Respectfully,  

Matthew Shiebler, CPA

 

Mathew Shiebler, CPA

Matthew Shiebler, CPA is the President of Interactive Accountants, LLC a CPA Firm based in Doral. He is a licensed CPA in the states of Florida, New Jersey and New York and a member of the American Institute of Certified Public Accountants (AICPA). Since 1993, it has been his mission to help small and medium sized companies to comply with all their accounting needs. Whether it be taxes, finances or acquisitions and mergers, Matthew is well versed in all aspects. Matthew has unique experience in the hospitality and restaurant industries, law firms, medical practices, e-commerce, technology firms and start-ups. It is his passion to bring his experience and knowledge to all his clients.

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About Us

At Interactive Accountants, we have one primary goal. We help you minimize your taxes and measure your success. Throughout the years, we’ve helped hundreds of entrepreneurs by taking accounting matters off their plate, providing stellar ongoing tax advice and amazing customer support.

Contact Info

Address:
8180 NW 36th St., Suite 301, Doral FL 33166

Phone:
(305) 517-3977

Email:
info@ia.tax