Usually, in times of economic dislocation such as the COVID-19 pandemic, the self-employed get no special government help. But this time it’s different. Because of the COVID-19 pandemic, you can qualify for the following seven benefits.
All tagged ppp loans
Double Benefits: Claiming Both the ERC and Tax-Free PPP
The CARES Act, enacted on March 27, 2020, created the PPP money, but it prohibited you from getting both PPP money and tax credits from the ERC; you had to choose one benefit or the other. Now, thanks to the new law, you can have both tax-free PPP money and tax credits from the ERC.