Wednesday, December 16, 2020

Staten Island CPA - Offering Guidance on Small Business PPP Loan Forgiveness

 


Staten Island CPA firm - Goldenthal & Suss Consulting PC

Overview of the COVID -19 Economic Injury Disaster Loan (EIDL) & Paycheck Protection Program (PPP)

The EIDL provides economic relief to small business and nonprofit organizations that are currently experiencing a temporary loss of revenue. 

The PPP loan is an SBA loan that helps businesses keep their workforce employed during the Coronavirus (Covid-19) crisis.

More information regarding the EIDL and PPP loan can be found at sba.gov

We are pleased to offer guidance for small business that are seeking PPP (The Paycheck Protection Program )Loan Forgiveness.  

If you have received a PPP loan and / or have received an EIDL (The Economic Injury Disaster Loan) advance you may be seeking to have your PPP loan forgiven.

Our office can provide assistance regarding your PPP loan forgiveness as well as provide essential tax guidance regarding the tax consequences of both your PPP loan and EIDL advance.  We can provide this accounting services remotely or socially distant.  Our Staten Island based CPA firm can provide a free consultation regarding your PPP Loan forgiveness process as well as assist you or prepare the documents for your PPP loan forgiveness. 

David C Egan, CPA

www.gosucpa.com

718-227-6035




No comments: