2020 has forced many self-employed Americans to become experts on their finances thanks to the requirements of the PPP. As Congress is on the verge of enacting more PPP loans, it may be a good idea for small businesses to adjust their finances to make the most of potential PPP loans. 

The self-employed should take the time to look at their books and consider bringing in a professional to make sure they get everything they are entitled to. If you don’t wish to bring in an outside professional, consider using one of the many tools available via the internet to help make sure your books are in order. 

“No one could have anticipated COVID-19 and the subsequent loan programs,” explains Eric Pierre, CPA and owner of Pierre Accounting in Southern California and Austin, Texas. “Being organized allows you to be proactive instead of reactive and in a position to take advantage of the opportunities that come in downturns like this.”

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