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Did Your Business Receive COVID-19 Relief Funding? Beware Upcoming Audits

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Manage episode 393532041 series 3546363
Content provided by Anders CPAs + Advisors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Anders CPAs + Advisors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

It’s been almost three years since the COVID-19 pandemic first began and the Coronavirus Aid Relief and Economic Security (CARES) Act programs are nearing the end of their lifecycles, so what’s next? But Who’s Counting? host David E. Hartley chatted with returning guest Anders Director + Strategic Growth Paul C. Rhea about which programs are still available to qualifying businesses along with the following points of interest:

  • What’s next for the Paycheck Protection Program (PPP), Economic Injury Disaster Loan (EIDL) funds, Employee Retention Tax Credits (ERTC) and Restaurant Revitalization Fund (RRF)
  • Which CARES Act programs have ended and what is still available
  • How long the SBA will be investigating suspicions of criminal or fraudulent activity for PPP loans
  • IRS audits are coming for ERTC
  • Only about 22% of ERTC-eligible businesses have actually applied for the tax credits

Make sure to never miss an episode by subscribing on Spotify, Pandora or Apple Podcasts and let us know what you think by rating and reviewing. Keep up with more Anders insights by visiting our website and following us on social media: Facebook | LinkedIn | Instagram | Twitter

  continue reading

32 episodes

Artwork
iconShare
 
Manage episode 393532041 series 3546363
Content provided by Anders CPAs + Advisors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Anders CPAs + Advisors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

It’s been almost three years since the COVID-19 pandemic first began and the Coronavirus Aid Relief and Economic Security (CARES) Act programs are nearing the end of their lifecycles, so what’s next? But Who’s Counting? host David E. Hartley chatted with returning guest Anders Director + Strategic Growth Paul C. Rhea about which programs are still available to qualifying businesses along with the following points of interest:

  • What’s next for the Paycheck Protection Program (PPP), Economic Injury Disaster Loan (EIDL) funds, Employee Retention Tax Credits (ERTC) and Restaurant Revitalization Fund (RRF)
  • Which CARES Act programs have ended and what is still available
  • How long the SBA will be investigating suspicions of criminal or fraudulent activity for PPP loans
  • IRS audits are coming for ERTC
  • Only about 22% of ERTC-eligible businesses have actually applied for the tax credits

Make sure to never miss an episode by subscribing on Spotify, Pandora or Apple Podcasts and let us know what you think by rating and reviewing. Keep up with more Anders insights by visiting our website and following us on social media: Facebook | LinkedIn | Instagram | Twitter

  continue reading

32 episodes

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