Summary: Show Notes: In this episode, we share updates to the Paycheck Protection Program (P3) and Economic Injury Disaster Loan (EIDL) as of April 9th, 2020. You'll hear clarifications about accounting for the seasonal pay of farm workers and considerations for reporting self-employment income to maximize your loan amout, as well as insights into what portion of federal payroll taxes can and cannot be included in your P3 loan request. We wrap up on a hopeful note regarding the possibility of increased funds to the P3 pot of money, and the potential for expanding EIDL eligibility to farmers. Have a question about P3 or EIDL we didn't cover? Watch or listen to our in-depth Zoom webinar presentation on each program, linked below. Paycheck Protection Program presentation slides, audio recording, and video recording of the when, how, and why farmers can benefit from the program at this folder link. Materials on Economic Injury Disater Loan eligibility at this folder link. Disclaimer: The above communications are delivered for educational purposes only and do not constitute the rendering of legal advice.
