STEVEN TOSCHER quoted in Tax Notes Regarding Recent PPP Prosecutions
Posted by Hochman Salkin Toscher Perez P.C. Posted on Tuesday, May 19, 2020
Applicants who clearly lied in their applications for the Paycheck Protection Program’s (PPP) tax-free forgivable loans will make better targets for criminal investigation than those who don’t fit lawmakers’ ideas of the program’s intended beneficiaries.
“I’m sure there are some blatantly false [statements on PPP loan applications], and I think that is where it’s going to go. I don’t think they’re going to get in the business of going in and second-guessing the uncertainty,” Steven Toscher of Hochman Salkin Toscher Perez PC said.
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