Users of CCH Answer Connect can now access a Paycheck Protection Program loan forgiveness estimator developed by Paychex. The connection was announced this week by Wolters Kluwer Tax & Accounting, which owns the CCH line.
The Estimator helps business owners understand how much of their PPP loans may be forgiven by the federal government. Users are asked to input information pertaining to their clients’ loans and businesses, including loan amounts, payroll costs, mortgage interest, rent and utilities
AnswerConnect members who are registered for Paychex’s AccountantHQ and have clients that utilize Paychex Flex, can access expanded PPP loan forgiveness products, including the ability to run signature-ready forgiveness applications.
AnswerConnect users can access the estimator at https://answerconnect.cch.com.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
