Our sister-firm, Phocus Accounting, came through with a quick rundown of the new bill you’ve likely been hearing about and its impact on existing PPP loan forgiveness and what the new bill has in store. The new bill resolves the tax issues we’ve discussed...
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Over the last few months, we have instructed many of our clients that, even when their banks begin accepting PPP loan forgiveness applications, to hold off on submitting theirs. One of the reasons for that advice has been to allow the forgiveness process to continue...
Another day, another dummy. It seems that every day there’s a new story like the one linked below. Make sure you have documented and used your PPP funds only for approved purposes. By doing so, you will maximize your loan forgiveness and avoid the ‘cuffs this...
