Financial Advisory Blog

Armanino’s Financial Advisory blog is your source for thought leadership around cloud ERP and accounting solutions and integrations. Supported by the Cloud Accounting Institute and numerous experts in cloud, finance, reporting, integration, compliance, and technology, Armanino’s Financial Advisory blog features must-read content on what’s happening in the finance industry, case studies, white papers, and much more.

July 23, 2020

If a stockholder of a C Corp is paid as an employee of the C Corp, can his salary be included in the calculation of PPP forgiveness?

Posted by Armanino Financial Advisory Team

Yes, that is included as employee pay, not owner’s compensation. In the Forgiveness Calculation Model, you would list this person and their compensation in the Pay Cycle 1 Input tab.

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