COVID-19, Paycheck Protection Program, Payroll

What Are Considered Payroll Costs Under the PPP?

Because the Paycheck Protection Program can only be used for payroll costs–and loan forgiveness is tied to how the funds are used–many business owners have questions about precisely how to determine what qualifies and what doesn’t. 

The NAPEO has released its take on what items qualify as payroll costs based on the Interim Final Rules (IFR) released by the U.S. Treasury Department. It includes how to evaluate PEO administrative fees and workers compensation premiums, FICA and more. Download the release, here:

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