Center for Plain English Accounting, the AICPA’s National A&A Resource Center. Special Report April 22, 2020
Issues related to CPA involvement with PPP loansKristy Illuzzi Jim Brackens CPA, CGMA
The CPEA has received several questions regarding CPAs assisting clients with applications, including working as Agents under the definition of the CARES Act and the Paycheck Protection Program (PPP), which provides forgivable loans to help small businesses cover fees including payroll, mortgage expenses, rent, and utilities.
We know there is frustration around providing services to small business clients as they apply for PPP loans