July 23, 2020
Will the self-employed be able to file for PPP forgiveness while also receiving unemployment for sole-ownership program?
Posted by Armanino Financial Advisory Team
Unemployment filing is expressly for those who are unemployed and not receiving paychecks. Therefore, a person receiving payment from an employer, whether funded by PPP sources or not, must disclose that they are receiving paychecks. Payments will reduce eligibility for unemployment benefits.