Update on CPAs acting as an agent and getting paid for SBA PPP loan services
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Update on CPAs acting as an agent and getting paid for SBA PPP loan services

6 months ago · 2 min read

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We know there is frustration around providing services to your small business clients as they apply for Paycheck Protection Program (PPP) loans being issued through the Small Business Administration (SBA). Many firms want to be recognized as an agent for the client and be compensated for their services under the agent fee section of the PPP guidance, but are concerned they will not receive payment from lenders.

AICPA guidance released last week supports firms that provide advice, guidance and support

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COVID-19
Tax

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CARES Act
Manage preferences

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