New PPP Forgiveness Tool Available

By Kathy Bazan, BRC Consultant

July 21, 2020: Congratulations to all of you who received a PPP loan! To help you calculate forgiveness and prepare all the government-required forms you need to file, the largest association of Certified Public Accountants—the AICPA—and the fintech, Biz2Credit, created this calculation tool which can be used by you no matter who your lender is.

You can find the tool here: PPPForgivenessTool.com

Designed to help you and your CPA advisor fill out the forgiveness application quickly and accurately, it will be updated to align with the final Treasury and Small Business Administration (SBA) FAQs which are expected soon.

To read more, click on this AICPA article:
https://www.journalofaccountancy.com/news/2020/jul/aicpa-tool-automates-ppp-loan-forgiveness-process.html

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