Lenders with $1 Billion or Less in Assets Will be Able to Submit First and Second Draw PPP Applications on Friday – Continuing Dedicated Access for Community-Based Lenders
Form 8697 & the Look-Back Method for Construction Contractors
Now that we’ve covered the basics of the percentage of completion method (PCM), it’s time to explore IRS Form 8697, “Interest Computation Under the Look-Back Method for Completed Long-Term Contracts.”