Debbie4
Level 1
04-09-2020
11:52 AM
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I have some clients with accounts at WF which is no longer accepting PPP applications. Any suggestions?
If they can't get the PPP loan, should they go with the payroll credit? Right now one is trying to keep the employees working in the radio industry, but advertising is going way down. The other has had to stop work entirely.
Thank you!
TaxGuyBill
Level 15
04-09-2020
01:00 PM
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They can try another bank. Or maybe WF (Wells Fargo?) will start taking them again once things die down and Congress gives it more funding.
I'm not sure which "payroll credit" you are referring to, but yest, use all available tax provisions in the meanwhile.
