Page 20 - Bulletin Vol 25 No 2 - May-Aug 2020 - 9-2-20.pub
P. 20

TAX TIPS FOR DENTISTS
                                                                      By STUART A. SINCLAIR CPA


                                                                   There are many complications to PPP loan
                                                                   forgiveness. Do you use the 8-week or 24-week
                                                                   period? Will Congress simplify the process and
                                                                   forgive all small business loans? If you have both
                                                                   a PPP loan and an EIDL loan, the EIDL loan gets
                                                                   subtracted from the forgiveness. Stay tuned for
                                                                   further details.



                                                                        TAXES-YOUR OFFICE OR MINE
                                                                           BUSINESS OR PERSONAL
                                                                    SPECIALTY-DENTISTS: REFERENCES
                                                                           STUART A. SINCLAIR CPA
                                                                          1120 OLD COUNTRY ROAD
                                                                            PLAINVIEW, N.Y. 11803
                                                                    (516) 935-2086  stusinclair@yahoo.com







         20 |  Nassau County Dental Society   www.nassaudental.org
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