Paycheck Protection Program loans are helpful, but they’re not simple. As we’ve said before, it can be a complicated process, and Henry & Peters, PC is here to help you navigate the complexities.
The AICPA and Biz2Credit have published an online calculator to help businesses apply for loan forgiveness, and Henry & Peters CPA Thomas Neuhoff has recorded a quick walkthrough to help small businesses navigate the system.
You can find the tool at PPPForgivenessTool.com
Meanwhile, Congress is developing another bill for relief to businesses and individuals affected by the pandemic.
Tune in for pointers on the online tool, and stay tuned for more updates from Henry & Peters on future developments related to COVID-19.
Log on to HenryPeters.com anytime for additional resources, and don’t hesitate to reach out to us if we can be of further assistance.