Self Employment Tax

Vernoia, Enterline + Brewer, CPA LLC helps solopreneurs navigate tax rules.

PPP Loans for Independent Contractors and Sole Proprietors

Payments that businesses make to independent contractors and self-employed workers are not payroll expenses that qualify for Paycheck Protection Program (PPP) loans. However, independent contractors and sole proprietors themselves are small businesses that can qualify for the loans. PPP Loans Aim to Help Small Business Survive Coronavirus Pandemic The PPP is a Small Business Administration (SBA) program that …

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