Small-Business Owners Terrified of Keeping PPP Money Face Deadline Today

The rules of the Paycheck Protection Program keep changing. And the latest rules change has some business owners thinking about giving their money back. Before they do, they should read this.

(Image credit: copyright Anthia Cumming)

Small businesses struggling to survive during the COVID-19 pandemic now have something else to worry about: Could they get in trouble for taking the money the government has offered through the Paycheck Protection Program to help them out? Should they pay it back? If they don’t, could they be liable for fraud?

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Bruce Willey, JD, CPA
Founder, American Tax and Business Planning

Bruce Willey has been working with small to midsize businesses across the country for more than a decade, helping them navigate business and tax law in a variety of situations. His services include assisting with business start-ups, operations, growth, asset protection, exit planning and estate planning.