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 we followed the rules and paid our people through our eight-week Covered Period with no reductions in salaries or staff, but now need to reduce staffs, will this affect our forgiveness prospects?

Posted by Armanino Financial Advisory Team

You are allowed to take whatever employment actions you need after your Covered Period has ended, without ramifications to your FTE Reduction Factor calculations.

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