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PPP Audits & 2020 Accounting Lessons
Manage episode 444540401 series 3343948
Treść dostarczona przez Paul Rosenblum. Cała zawartość podcastów, w tym odcinki, grafika i opisy podcastów, jest przesyłana i udostępniana bezpośrednio przez Paul Rosenblum lub jego partnera na platformie podcastów. Jeśli uważasz, że ktoś wykorzystuje Twoje dzieło chronione prawem autorskim bez Twojej zgody, możesz postępować zgodnie z procedurą opisaną tutaj https://pl.player.fm/legal.
Have you thought about how the event that we dare not be reminded of from 2020 reshaped the way businesses manage their finances? Our resident Bookkeeping Mensch, Paul Rosenblum does. In this episode he’s sharing how accountants had to navigate constantly changing rules and regulations throughout that time. And now in 2024 the PPP program faces audits for potential fraud, which means that businesses documents must be checked to make sure that these funds were used properly. This includes PPP, EIDL loans, and unemployment benefits. So yes, this adds a layer of complexity to tax reporting. But don’t worry, Paul has you covered!
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