Me " three!" Lol. Question : if I get the PPP can I use this to replace my employees ' vacation pay and sick day pay I paid out due to the shut down? Will this make that portion non forgivable? I had to give my employees their benefits up front so they can live on it while waiting for UI to kick in. Thanks!
Thanks for having me on your channel Hector! I love your channel and your bookkeeping advice is SO IMPRESSIVE that it's scary! If you didn't know, Hector eats, lives, and breathes bookkeeping and accounting. Hector is the best!
As a CPA I love watching these guys as they break down complex tax and accounting concepts. I find myself using the things I learn from them when advising my own clients and training my staff. Hats off for all you do for the profession!
Congrats Brian Kim! As a fellow TH-camr, I have a lot of respect for the information that you have been sharing out with everyone. It is pretty cool to see both Hector and Brian discussing the current status of these stimulus dollars. The more we work together right now, the better chance we have to motivate a change! Hector, lets pull together as many accountants,lawyers, and small business owners for a different type of telethon. Lets join all our voices across social media channels to make our message be heard by congress!
You two and also JJ the CPA are who I have been following these days. It is amazing how you are together to give a show. I have applied PPP and it was already approved by the bank where I have my business account with. I just need to wait to get the paper signed next week. Thank you, Hector and Brian!
I have been following Hector Garcia lately. He is really smart aswell like Brian Kim. I think brian kim has more subscribers due to his funny personality. He is fun to watch. These are the two accounting giants.
Alimamy G Kanu I been studying the Brian Kim phenomenon.. and I think is a combination of: his videos are short and to the point, the style of the videos are consistent, he has a very unique personality that shows on every video, and he is better looking.... LOL Probably the reasons why. My videos have almost always been small business and accountant focused, a bit more niche. I am so excited to see another CPA raise to the occasion and show us how it’s done on TH-cam!
I agree that shorter content encourages people to watch a video. However with patience, your videos provided more details. It depends on the viewer. Me for example, I know most of the info Brian Kim is providing because I read a lot. I get little more info from your videos Overall than from Brian Kim videos because you go much more Into details. Thanks for all you do.
Hector Garcia CPA Yes, Hector I have subscribed you more earlier than Brain, the quickbook videos you posted which helped me a lot and let me got ride of the difficulties. When I started my current job, the supervisor let me finish the work throughout QB asap, I didn’t know deep of QB specially online version. It’s you I always appreciate what you did here.
Happy Easter everybody I pray for you and your families that you are well and safeand that those stimulus checks hurries up for the people who really need
Can either of you answer the question on if you get the ppp does that mean you have to turn down any unemployment? I'm concerned because I applied for both and if I get the ppp it will exhaust it self if I backdate to when the gov closed me down pretty quick but didnt what to get in trouble either
Mike Case i don’t have the “legal” answer... but logic dictates that if you are getting PPP, then you shouldn’t get unemployment. But don’t know how these would be tracked
@@HectorGarciaCPA well ergo the question because one is state with federal help, one is federal and there is millions of people just like me wondering. When the ppp comes out thousands of workers technically will get rehired but they want to collect because it's more money for the worker. Then the ppp isn't forgivable and the owner eats it. Or another issue like me the ppp is on a sole proprietorship based on my income but 1099 workers aren't payroll their an expense minus my pay. So I just pay my self and have an expense till their back allowed to work. It just seems there is many growing problems.
@@HectorGarciaCPA especially since my state went on lock down on March 28 which they said unemployment checks will be backdated till that week and the ppp doesn't need to start till June 30 for rehire. So I think their is going to be many many issues.
L R The worst payroll services out there in my professional experience. It is unfortunate they don’t seem to provide their employees good training in order to answer client questions competently.
Hector Garcia CPA did you have any updates from ppp all bank want business account they create the own requirements member congress need to change this policy from the bank make it difficult for business owners to apply
Wow. These are the two CPA TH-camrs I actually have been following to get me through the stimulus and SBA loans.
:)
Me too
Me " three!" Lol. Question : if I get the PPP can I use this to replace my employees ' vacation pay and sick day pay I paid out due to the shut down? Will this make that portion non forgivable? I had to give my employees their benefits up front so they can live on it while waiting for UI to kick in. Thanks!
Thanks
Thanks for having me on your channel Hector! I love your channel and your bookkeeping advice is SO IMPRESSIVE that it's scary! If you didn't know, Hector eats, lives, and breathes bookkeeping and accounting. Hector is the best!
ClearValue Tax thanks Brian
The two of you are my favorite to watched about SBA & PPP Loan.
the TWO guys i have been following in this whole debacle.
As a CPA I love watching these guys as they break down complex tax and accounting concepts. I find myself using the things I learn from them when advising my own clients and training my staff. Hats off for all you do for the profession!
The best two CPAs!!! Love them!!!
Congrats Brian Kim! As a fellow TH-camr, I have a lot of respect for the information that you have been sharing out with everyone. It is pretty cool to see both Hector and Brian discussing the current status of these stimulus dollars. The more we work together right now, the better chance we have to motivate a change! Hector, lets pull together as many accountants,lawyers, and small business owners for a different type of telethon. Lets join all our voices across social media channels to make our message be heard by congress!
My 2 favorite YT CPAs Brian and Hector💰👍🏻
My 2 favs all-in-one!!!!
Two of the best!!! Thanks for all the info!!!
Brian's anger towards the situation is definitely why we love him!!!!!❤️
Wow, can’t believe two of my favorite cpa TH-camr come in one film today!
My 2 fav cpa on TH-cam!
This is awesome Hector! You two are the folks I like to inform myself with! Thanks guys!
Great video and very entertaining - thanks! Brian, it is driving all of us crazy, too! Glad we're not alone!
I love it....CPAs nerding out :-)
You two and also JJ the CPA are who I have been following these days. It is amazing how you are together to give a show. I have applied PPP and it was already approved by the bank where I have my business account with. I just need to wait to get the paper signed next week. Thank you, Hector and Brian!
Good luck.
Waaatr !! U are the 2 I watch daily! Yazzz
the best tax homie task force!
Cool !! Since I discovered you guys a check your videos every day for the last updates with all the CARES situation! 👏👏👏👏👏
These 2 are definitely benefiting from this whole coronavirus situation.
riding the youtuber wave...
I have been following Hector Garcia lately. He is really smart aswell like Brian Kim. I think brian kim has more subscribers due to his funny personality. He is fun to watch. These are the two accounting giants.
Alimamy G Kanu I been studying the Brian Kim phenomenon.. and I think is a combination of: his videos are short and to the point, the style of the videos are consistent, he has a very unique personality that shows on every video, and he is better looking.... LOL
Probably the reasons why. My videos have almost always been small business and accountant focused, a bit more niche. I am so excited to see another CPA raise to the occasion and show us how it’s done on TH-cam!
I agree that shorter content encourages people to watch a video. However with patience, your videos provided more details. It depends on the viewer. Me for example, I know most of the info Brian Kim is providing because I read a lot. I get little more info from your videos Overall than from Brian Kim videos because you go much more Into details. Thanks for all you do.
Hector Garcia CPA Yes, Hector I have subscribed you more earlier than Brain, the quickbook videos you posted which helped me a lot and let me got ride of the difficulties. When I started my current job, the supervisor let me finish the work throughout QB asap, I didn’t know deep of QB specially online version. It’s you I always appreciate what you did here.
Alimamy G Kanu different styles different content.. I like having another CPA beat me at the YOuTube game, so I don’t get so comfortable.
Yes sir, you guys are great,!!!
I love Brian Kim
puputhungdo me too hehe
Right to the point and less unrelated talks; love it. I like your comment about the first one @Hector Garcia, lol.
He he
Hey..There is no country like USA...the country giving more than we are making...just be graceful and understanding..
Jie Yon Sin I love USA
Yes some people got cash from ppp already jj the cpa was on wabc raduo today saying he and others got the loan money
Happy Easter everybody I pray for you and your families that you are well and safeand that those stimulus checks hurries up for the people who really need
What about S Corp no employees, I only have directors fee withdrawal, and file k1 on my personal tax return. What can I apply for?
For the PPP probably not.. you need W2 employees
Thank you so much fr ur reply Hector, you think I can apply for EIDL?
Lucy g there isn’t a lot of info in EIDL, so I would apply nonetheless
Can either of you answer the question on if you get the ppp does that mean you have to turn down any unemployment? I'm concerned because I applied for both and if I get the ppp it will exhaust it self if I backdate to when the gov closed me down pretty quick but didnt what to get in trouble either
Mike Case i don’t have the “legal” answer... but logic dictates that if you are getting PPP, then you shouldn’t get unemployment. But don’t know how these would be tracked
@@HectorGarciaCPA well ergo the question because one is state with federal help, one is federal and there is millions of people just like me wondering. When the ppp comes out thousands of workers technically will get rehired but they want to collect because it's more money for the worker. Then the ppp isn't forgivable and the owner eats it. Or another issue like me the ppp is on a sole proprietorship based on my income but 1099 workers aren't payroll their an expense minus my pay. So I just pay my self and have an expense till their back allowed to work. It just seems there is many growing problems.
@@HectorGarciaCPA especially since my state went on lock down on March 28 which they said unemployment checks will be backdated till that week and the ppp doesn't need to start till June 30 for rehire. So I think their is going to be many many issues.
can I apply unemployment benefits and PPP both??
Cindy Kim I believe you can. But once you get approved for PPP and use it to pay yourself then you can no longer be on unemployment.
The following 3rd Parties are taking PPP applications: Kabbage , Lendio and Betterfin
Real people helping others. 🙏👍👍👏🏻👏🏻👏🏻💥💥💥💥💥💥💥💥🇵🇷
Good video 💯💵🤘💪👍
Do video on taxes on Unemployment and Stimulus from State
Yesss!
I thought minimum age of working is 15yo?
Government making things worse 🙈
Paycheck and ADP both had the calculations wrong!!!
L R The worst payroll services out there in my professional experience. It is unfortunate they don’t seem to provide their employees good training in order to answer client questions competently.
Brain kim it’s funny guys all I watch for him how he talk like someone piss him off lol
He is actually a super cool and nonchalant person... he is very straight to the point and doesn’t like BS.
Hector Garcia CPA did you have any updates from ppp all bank want business account they create the own requirements member congress need to change this policy from the bank make it difficult for business owners to apply
junior seva i don’t... it’s been a quiet PPP day actually. Maybe updates on Monday.
can I apply unemployment benefits and PPP both??
It was not trump it was India how to did that shit so get it right
India?
@Hector Garcia CPA, Please can you call me back?