The AICPA issued a news release Thursday, Sept. 17, renewing the organization’s call for the swift passage of legislation to extend and expand the Paycheck Protection Program (PPP).
“PPP 2” is an unofficial name referring to a new, more targeted small business assistance program that congressional leaders and White House officials have discussed for weeks.
In the news release, the AICPA said that while the PPP proved to be an effective bridge for many companies affected by workplace restrictions due to the pandemic, they need much more.