The opposite Payroll Shielded Period is offered to borrowers which have biweekly or even more frequent payroll

Non-owners: Prorated percentage of $100,000 dollars compensation is actually $46,154 ( x 100,000) having an effective 24-week protected period; eight-times proration remains within $fifteen,385. People (has owner-team, a home-working private, or standard couples and that is believed to add C Corp and you can S Corp shareholders and independent contractors, also): Prorated portion of $100,000 cash compensation is actually $20,833 (2.5/a dozen x 100,000) to have good 24-week safeguarded several months. This is actually the…

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