April Tool of the Month: Forgiveness Form Decision Tree

The Small Business Administration (SBA) has released three forms and corresponding sets of instructions to be used by borrowers when applying for forgiveness of the Paycheck Protection Program (PPP) loans. The PCPS Forgiveness Form Decision Tree will walk borrowers through the key questions and considerations to keep in mind when selecting the appropriate forgiveness form. With easy to read Yes/No questions, borrowers can follow the guides to come to a tentative conclusion about the form that will work best for their particular circumstances.

This tool is an example of the turnkey practice management tools and resources PCPS delivers. PCPS is an add-on firm membership section within the AICPA. A PCPS firm membership, at only $35 per CPA, up to a max of $700 per firm, is a great investment for a broad range of practice management resources. Find out if you are already a PCPS member or register for a virtual tour to learn more