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 Information Non Domestic 2017

Ination Non Domestic 2017-2024 Form

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Instructions and help about Information Non-Domestic

Hi and welcome my name is Lina I'm a certified public accountant and this is my channel where I focus on helping business owners with accounting taxes and bookkeeping so if that is something you're interested in consider subscribing to my channel and leave me a comment share like my videos if you find them helpful in today's video I want to focus on the paycheck protection program second draw many of you asked a question related to the definition of cross receipts if you're new to the process and if you're just thinking to apply for a PPP second draw you will find that the new application requires a potential borrower to calculate the reduction in revenue that they experienced this year, so you will have to calculate the reduction in revenue using your cross receipts as the basis I should note here that before the most recent guidance that the SBA released a borrower could use a quarter versus quarter comparison, so you would compare a quarter in 2020 let's say the third quarter versus

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