Business

Actions to Take After Receiving a Paycheck Protection Program Loan

The multiple rounds of PPP reform are intended to offer greater relief to business owners. However, the changes also introduced questions around the tax treatment of PPP loans and their forgiveness under the PPP.
By Sonia Desai and Sean Muller
March 24, 2021
Topics
Business
by Sonia Desai

Sonia Desai, CPA, is a Managing Director at Weaver. Over the past year, she has been advising clients in a variety of industries as well as the public about accounting aspects of the Paycheck Protection Program. Weaver is a Houston-based firm that has grown to be the 35th largest public accounting firm in the United States, according to INSIDE Public Accounting. From Fortune 500 multinational companies to start-ups, Weaver’s clients include commercial, government and not-for-profit organizations

by Sean Muller

Sean Muller, CPA, is National Practice Leader of Tax Services at Weaver. With three decades of experience providing tax and consulting services, Sean works with business leaders in multiple industries to navigate complex tax planning and compliance requirements. Weaver is a Houston-based firm that has grown to be the 35th largest public accounting firm in the United States, according to INSIDE Public Accounting. From Fortune 500 multinational companies to start-ups, Weaver’s clients include commercial, government and not-for-profit organizations

Related stories

Business
Nonresidential Construction Spending Down 0.2% in May Cover Art

Nonresidential Construction Spending Down 0.2% in May

By ABC
That start of summer is seeing the start of a slowdown in nonresidential construction spending.
Business
Construction Futures: June 2025 Economic Roundup Cover Art

Construction Futures: June 2025 Economic Roundup

By Construction Executive
Could there be more rate cuts than the construction industry originally expected this year?
Business
It’s All Relative: The Importance of Building and Maintaining Relationships in Construction Cover Art

It’s All Relative: The Importance of Building and Maintaining Relationships in Construction

By Chad Prinkey
In a world where relationships seem to be taking a backseat to digital “connectedness,” executives from a recent Associated Builders and Contractors’ panel discussion agree that where construction is concerned, rapport still matters.

Follow us




Subscribe to Our Newsletter

Stay in the know with the latest industry news, technology and our weekly features. Get early access to any CE events and webinars.