What You Need to Know About the Just-Released:
PPP Loan Forgiveness Calculation Form
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Featuring: Stephen Bedell and Kevin Gilbreath CPAs from Crowe
Air Date: Tuesday May 26 2020
1pm Eastern/ 12pm Central / 11am Mountain / 10am Pacific
Program Length: 20 minutes
Guidance from SBA and Treasury is Coming One Piece at a Time. Auto Dealers Must Stay Alert for Changes and Updates.
Forgiveness of your PPP Loans is obviously an important item as dealerships across the country meet the challenge of undoing the economic harm of the various state shutdowns.
Earning forgiveness of these loans is a huge objective and one that cannot be taken lightly. Be sure you get it right. The cost of not complying is enormous.
SBA and Treasury issued Guidance on May 15. Stephen Bedell and Kevin Gilbreath, both experienced CPAs and Tax Professionals at Crowe, offer this brief update with specific emphasis on the “Forgiveness Calculation Form” just released.