Hey ,

Last year, I did a video called "Why PPP is not to be Played with and Why Working with a Professional is so Important." 

I warned about the serious consequences of misusing PPP funds and the importance of being honest in your applications.

Well, those warnings are proving to be spot-on. More and more people are being audited and indicted for PPP fraud and other tax issues. They face serious charges for things like lying about their business, using the money for personal expenses, and all sorts of shady dealings.

I know it's tempting to think you can get away with bending the rules, but trust me, it's not worth the risk. The penalties are severe, and the damage to your reputation can be irreparable.

If you haven't already, you can watch my video here: 

https://www.youtube.com/watch?v=z36dCCQawe4&t=62s 

Remember, if you received PPP funds, make sure your paperwork and use of those funds are squeaky clean. If you have ANY doubts, consult with a professional like me. Better to be safe than facing serious consequences down the line.

Let me know if you have any questions.

Thanks,

Your favorite accountant and tax professional,

Folasade

(202) 618-1295 

[email protected] 

Hey Entrepreneur! I am Folasade Ayegbusi. I am an Enrolled Agent, Accountant, Ex-insurance Broker, Speaker, and Small Business Growth Strategist. Additionally, I am a Mother, and Entrepreneur.

I have helped entrepreneurs and small business owners save over $25 million dollars in lost revenue, tax assessments, penalties, and interests over the last 12 months. I am confident that I can assist you with all of your accounting needs.