After a surprise move by the Senate last week to extend the application deadline for the Paycheck Protection Program (PPP) by five weeks, the House approved the measure and President Trump has signed the bill. … [Read more...]
SBA Releases Revised PPP Loan Forgiveness Applications
If you have a Paycheck Protection Program (PPP) loan, keeping pace with updates and guidance can be daunting. Recently, the Small Business Administration (SBA) released revised PPP loan forgiveness applications. To ensure you’re managing your loan properly, and avoiding getting caught short when it’s time for your loan to be reviewed for forgiveness, The Journal of Accountancy, published by the American Institute of CPAs (AICPA), has published a … [Read more...]
What You Should Know About the Paycheck Protection Program Flexibility Act
By Carol J. Swenson, CPA When the Paycheck Protection Program (PPP) was instituted as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) on March 27, 2020, business owners breathed a sigh of relief. At the same time, however, many found themselves pulling out their hair. Although generous, the ever-evolving rules surrounding the PPP were confusing and, in many ways, limiting. … [Read more...]
You Received Your PPP Loan. Now What? The Nitty Gritty on What to do Next
Congratulations! You worked with your bank, completed the application, jumped through the hoops, and now you’re approved for a Paycheck Protection Program (PPP) loan. You might even have the funds in hand. Now what? … [Read more...]
6 Ways to Keep Cash Flowing into Your Audiology Practice
By Jeremy Kiecker, CPA Owning an audiology practice means you’re constantly juggling everything from patient advocacy and HR to marketing and compliance. You’re trying to attract new patients and keep the existing ones happy. You’re balancing the business strategy with the needs of your providers. Whew. But here’s the kicker: Your efforts won’t be worth much if your practice isn’t getting paid. … [Read more...]
