Why the Paycheck Protection Flexi...

Why the Paycheck Protection Flexibility Act Makes PPP Loan Forgiveness Much Easier

Art of Dental Finance and Management di Art Wiederman

Note sull'episodio

On Friday, June 5, President Trump signed the Paycheck Protection Flexibility Act into law. This new legislation changes many of the rules that allow Paycheck Protection Program loan recipients to obtain forgiveness from the government.  Art discusses in detail: • Provisions of the new law • How it makes forgiveness easier  • How dentists should proceed with the use of their loan money  • EIDL loan provisions and why you should be cautious While the laws have been relaxed significantly and forgiveness is easier, there is still work to be done. Art outlines steps dentists should take to obtain maximum forgiveness and gives tips on how they should plan going forward.    Art Wiederman, CPA HMWC CPAs & Business Advisors 714.505.9000 art.wiederman@hmwccpa.com