Bridal Store Success Blog

Paycheck Protection Program vs. Employee Retention Tax Credit

Written by Ingrid Heilke | Oct 8, 2020 3:48:50 PM

What should bridal shops consider when evaluating whether or not to apply for paycheck protection program (PPP) forgiveness or the employee retention tax credit? And should you apply for both?

In the video below, Ingrid Heilke of BridalVision and CPA, CGMA, Bette Hochberger discuss how to go about making these decisions, and what the difference is between the options available to bridal boutiques. 

Watch the video below to learn what bridal shop owners should consider.

The calculator used in the video can be downloaded here

 

If you need help applying for PPP forgiveness, or have other questions, visit our COVID-19 response page to learn how we're helping bridal store owners navigate COVID-19.