By Alan R. Sasserath, CPA, MS As I have said before, this whole Payroll Protection Program (“PPP”) process is one of the most frustrating processes I have gone through in my career. It reminds me of the saying, “Ready, Fire, Aim.” Fortunately, our practice is focused on working with entrepreneurs, so the saying is familiar to us. The […]
By Alan R. Sasserath, CPA, MS Last week, the Treasury issued further guidance relating to the eligibility to qualify for the Paycheck Protection Program (“PPP”) loan. In fashion true to form, the guidance issued was sufficiently vague to have many wondering whether or not they are eligible for the PPP loan and can sign off on the […]
By Alan R. Sasserath, CPA, MS It’s been a while since our last update. Since then, many of you were either approved for the Paycheck Protection Program (“PPP”) loan or you were not. More fell into the latter category. For those that received it, congratulations. For you now, the work begins as to how to handle […]
By Alan R. Sasserath, CPA, MS We hope everyone is well during these frustrating and sometimes tense times as we work through the requirements regarding the Paycheck Protection Program Loans (“PPPL”). Yesterday, the Treasury Department issued an FAQ answering a lot of the questions regarding PPPL’s. Here are a few of the key questions: Question 7: The […]
By Alan R. Sasserath, CPA, MS Last week and throughout the weekend we worked with many of you to prepare the Paycheck Protection Program Loan (“PPPL”) application, apply for the PPPL, put your name on a list with your lender to be able to apply for the PPPL, and pull together many of the documents required […]
By Alan R. Sasserath, CPA, MS I wish we were back in a time that when things changed from week to week it seemed like chaos. Now things change by the hour and I’m starting to get used to it. Chase held a webinar this afternoon and while we did not attend, we understand that they […]