{"id":79998,"date":"2020-10-19t12:00:17","date_gmt":"2020-10-19t16:00:17","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=79998"},"modified":"2020-10-26t12:25:04","modified_gmt":"2020-10-26t16:25:04","slug":"are-you-offering-your-clients-ppp-services","status":"publish","type":"post","link":"\/\/www.g005e.com\/2020\/10\/19\/are-you-offering-your-clients-ppp-services\/","title":{"rendered":"who’s offering your clients ppp services?"},"content":{"rendered":"
<\/a>84% of your colleagues are.<\/strong><\/p>\n by sandi leyva<\/em><\/p>\n clients have inundated accountants all year with questions and issues about the paycheck protection program (ppp), and no end is in sight.<\/p>\n more:<\/b> ppp client fraud: how much risk is too much?<\/a> | survey: who\u2019s not billing for ppp services?<\/a> earlier this year, it was all about loan acquisition. now, borrowers are gearing up for loan forgiveness and asking their cpas for assistance. according to a survey from 卡塔尔世界杯常规比赛时间 and accountant\u2019s accelerator, 84 percent of the 600+ respondents have assisted clients in some aspect of ppp support. here is the breakdown of the type of ppp services offered:<\/p>\n a handful of participants wrote in a few other services, including accounting treatment, tax planning, timing of forgiveness application, research, and supporting document management. one participant added this service: \u201chand holding the nervous as they keep hearing \u2018wait to file for forgiveness.\u2019\u201d<\/p>\n types of engagements<\/strong><\/p>\n we asked survey participants how they are treating the ppp services from an engagement standpoint. the majority are treating it as a consulting engagement. here are the results from that question:<\/p>\n many of the write-in answers said they weren\u2019t charging for the services. others said they treated it as accounting service, tax service, management advisory service, payroll service or bookkeeping service.<\/p>\n the new ppp advisor<\/strong><\/p>\n learning the ins and outs of ppp and consulting with clients has fallen on firm employees in a variety of roles, according to our survey. it\u2019s a horse of a different color, perhaps even a zebra.<\/p>\n irs is not involved, so it\u2019s not really a tax issue except for the huge issue of deductibility, for which there is no federal guidance as of this writing. yet tax professionals are getting involved because they have experience interpreting the laws and completing forms designed by government bureaucrats.<\/p>\n finance professionals are getting involved too, because it is a loan and they have the relationships with the banks.<\/p>\n here is what our survey showed about who has taken on the role of the new ppp consultants.<\/p>\n while the never-ending stream of new ppp guidance and the sheer complexity of the forgiveness application might make you want to pull your hair out at times, offering ppp services is one of those rare opportunities to truly become your clients\u2019 hero. it\u2019s a chance to deepen your connection, celebrate together when the forgiveness approval is received and increase prosperity for both of you in the long run.<\/p>\n","protected":false},"excerpt":{"rendered":" 84% of your colleagues are.<\/strong>
\nexclusively for pro members. <\/span><\/strong>log in here<\/a> or 2022世界杯足球排名 today<\/a>.<\/span><\/p><\/blockquote>\n
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\ntypes of services<\/strong><\/p>\n\n
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\nby sandi leyva<\/em><\/p>\n","protected":false},"author":1345,"featured_media":53032,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[1905,1363,3120,3002,2295],"tags":[3084,3085],"class_list":["post-79998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-clients-and-service","category-featured","category-pro-member-exclusive","category-special","category-solo","tag-coronavirus","tag-covid-19"],"acf":[],"yoast_head":"\n