Self-employment And The Paycheck Protection Program
The brand-new Paycheck Protection Program (PPP) is designed to support American small businesses with immediate cash support during the COVID-19 pandemic, including the Self-Employed and Independent Contractors that were in business as of February 15, 2020. MOST of the focus has been on entities with W-2 payroll. This document provides some guidance for those who report their activity on their individual income tax returns and don’t have a W-2.
