*Important Update* The deadline for filing for a Paycheck Protection Program loan, identified in this episode as August 3, 2020, has been extended to August 8, 2020. Learn more at the SBA's Paycheck Protection Program website.
Businesses hit hard by the pandemic have turned to PPP loans to continue paying employees, and law firms are no exception. Jared Correia discusses the particulars of these loans with Steven Lando, a CPA with many years of experience working with law firms. Steven offers spot-on perspectives to help lawyers make sense of the process, privacy considerations, and forgiveness of PPP loans and discusses what may come from the next round of legislation.
Steven Lando, CPA, is a tax partner at Anchin, Block & Anchin LLP.
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