The SBA and Treasury announced PPP loan borrowers of $2 million or more should expect an audit. Here are some ideas to help facilitate the process.Read More
Archive for the ‘Paycheck Protection Program’ Category
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Fortunate Enough to Get a PPP Loan? Forgiven Expenses Aren’t Deductible
If you get a PPP loan and use the proceeds on certain expenses, the loan amount will be forgiven. Can you then deduct the expenses on your tax return?Read More
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Safe Harbor for PPP Loans of Less Than $2 Million
The Small Business Administration announced there will be a safe harbor for all Paycheck Protection Program (PPP) loans under the amount of $2 millionRead More
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Increase the Chances of Having Your PPP Loan Forgiven
You got a loan from the Paycheck Protection Program…now what? Here are a few steps you can take to help ensure your PPP loan is forgiven.Read More