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PPP Audits & 2020 Accounting Lessons
Manage episode 444533493 series 3475491
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 heâs 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 donât worry, Paul has you covered!
đ Send Paul a text message. (add your email if you'd like a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms
đ§ Podcast Production & Marketing Assistance: Coffeelike Media: https://www.coffeelikemedia.com/
đ° Newsletter: https://paulrosenblum.substack.com/
đ YouTube: https://www.youtube.com/@Bookkeepermensch
đ¸ Website: https://bookkeepermensch.com
đľ Music: SourceAudio: https://www.sourceaudio.com/
đ¨ Email: Bookkeepermensch@gmail.com
47 episodi
PPP Audits & 2020 Accounting Lessons
The (Not Boring) Boring Small Business Bookkeeping and Accounting Podcast
Manage episode 444533493 series 3475491
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 heâs 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 donât worry, Paul has you covered!
đ Send Paul a text message. (add your email if you'd like a reply). https://www.buzzsprout.com/twilio/text_messages/2188873/open_sms
đ§ Podcast Production & Marketing Assistance: Coffeelike Media: https://www.coffeelikemedia.com/
đ° Newsletter: https://paulrosenblum.substack.com/
đ YouTube: https://www.youtube.com/@Bookkeepermensch
đ¸ Website: https://bookkeepermensch.com
đľ Music: SourceAudio: https://www.sourceaudio.com/
đ¨ Email: Bookkeepermensch@gmail.com
47 episodi
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