Business
We’re approaching the third wave of Paycheck Protection Program (PPP) relief, and while we’ve seen these before, there’s good reason to be prepared for what’s new this time around. Erik Asgeirsson is the president and CEO of https://www.cpa.com/ (CPA.com). Joining him is Lisa Simpson, who leads the American Institute of CPAs’ Private Companies Practice Section in the development of practice management tools that address topics that are most important to firm owners. They talk about where we stand with this latest round of funding, what they’re hearing from firms and their clients, what CPAs should know at this point in the process, whether they’re expecting things to go a little more smoothly than they did in earlier PPP rounds, and how things are going with the new CPA Business Funding Portal, which is designed to help CPAs better manage their clients’ loan applications and forgiveness requests. To learn more, and for the complete show notes, visit https://blionline.org/blog (blionline.org/blog). Resources: https://www.cpa.com/ (CPA.com) https://www.linkedin.com/in/erikasgeirsson/ (linkedin.com/in/erikasgeirsson) https://www.linkedin.com/in/lisasimpsoncpa/ (linkedin.com/in/lisasimpsoncpa) https://www.nytimes.com/live/2021/01/19/business/us-economy-coronavirus ("$5 Billion in P.P.P. Loans Were Approved Last Week") https://www.foxbusiness.com/economy/paycheck-protection-program-reopens-tuesday-for-second-round-of-small-business-loans ("Paycheck Protection program reopens Tuesday for second round of small-business loans") https://www.accountingtoday.com/list/cpa-firms-its-time-to-reset-your-approach-to-ppp ("CPA firms: It’s time to reset your approach to PPP") Future-Proof is a production of http://crate.media (Crate Media)