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The purpose of the
The only other opportunities our business even had the potential to utilize, do not even apply because of the PPP loan. The Employee Retention Credit, Per the
Another potential relief effort is the Section 2303, Deferral of employment tax deposits and payments through
Please reconsider disallowing the federally mandated withholdings (federal income tax,
I beg that you reconsider the exclusion of federally imposed payroll taxes when calculating the allowable expenditures, as it stands, and consider include federally mandated taxes in the calculation of payroll expense. Small businesses have little if any cash flow at this time, and many will be required to start over. Please reconsider the exclusion of the federally mandated taxes, on behalf of the employee.
Thank you for your time and attention to this matter.
Chief Operating Officer,
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The rule can be viewed at: https://www.regulations.gov/document?D=SBA-2020-0022-0001
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