CPAs as Agents for Small Business Administration Paycheck Protection Program (PPP) Loans

CAMICO has received numerous inquiries from policyholders regarding assisting clients with Paycheck Protection Program (“PPP”) loans . Guidance promulgated by the Small Business Administration (“SBA”) earlier this week created some confusion regarding the accountant’s role and whether accountants are considered “agents” or “authorized representatives” when performing these services. CPAs who assume the role of an … Read more