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As a result of the CARES Act, contractors that receive forgiveness for Payroll Protection Program (PPP) loans will treat the proceeds differently for cost reimbursable (CPFF) contracts, versus firm fixed price, T&M and commercial contracts. We will discuss portions of DCAA’s MRD FAQ on the application of credits in different scenarios.
Speakers:
Steven L. Shamlian, President, Government Contract Compliance Management, LLC
Paul H. Calabrese, Principal, Outsourced Accounting & Advisory Services, GRF
Financial, tax, and accounting professionals who work with government contracts
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