With a 24 week period it would be easy to use up 100% of the funds on payroll for a sole proprietor, wouldn’t this be an easy way around $8/52, or is that $15,xxx maximum a hard/legislated limit?
Based on the current understanding that the amount hasn't changed to 24/52:
The 8/52 is the hard limit- you can't exceed that amount in owner compensation no matter how many weeks you spread it over.
On top of that if your 8/52 exceeds $15,385, you're capped at this amount.