Contact your Congressperson

“The AICPA is now calling upon its members to ask Congress to pass bipartisan legislation S.3612 and H.R.6821 – the Small Business Expense Protection Acts of 2020, or H.R. 6754 – the Protecting the Paycheck Protection Program Act – that will ensure the receipt and forgiveness of PPP assistance does not result in an unexpected and burdensome tax cost.”

From the AICPA

The current PPP loan process whereby you have to pick up the loan forgiveness as income hurts small businesses. Urge your congressperson to push this through.

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