You and every other misguided person are making way to much work for yourselves. What you "understand" is wrong. There is nothing in the CaREs act mandating you use a second bank account for PPP funds disbursement. The proof of what you spent is primarily the PAYROLL SUMMARY report, in addition you do not submit separate quarterly tax returns for this period. At most cancelled xhdcks, along with reports,prove what you spent. It is not that difficult to produce the summary report for an 8 week period.
Paying all PPP expenses from your normal banking is STILL AN OPTION. And in no way would harm your application for loan forgiveness. Even paying all federal taxes in a single payment is not problem since the payment itself is just a payment.
Log in to your eftps.gov account and you can add a second bank account to pay the feds. It has been this way for over a year but was not always so. Of course if you are not on Enhanced payroll but Full Service you do not have any option to submit payments on your own and would have to downgrade your subscription.
If you choose to mail it in you may have trouble getting the payments properly applied. The IRS does not like mailed in payments. If you are required to pay electronically there is a chance you could incur a penalty.
I do agree with everyone except the SBA, that employer taxes are a payroll cost and why the PPP loans cannot be used for employer FICA and FUTA but can for SUTA and 401k match is just crazy and evidence that nobody in Congress ever ran their own company.
