PPP and ERC Documentation

Technical topics regarding tax preparation.
#1
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I'm working on a client who received various ERC credits during 2021, and PPP loans that they said was forgiven in 2021. What kind of documentation do you normally retain regarding these? The client's books are pretty bad. Is it common to request the loan forgiveness documentation for the PPP?
 

#2
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WA State
Yes
I require at least the email from their lender confirming forgiveness.
IMO, the bankers can go back and get it again if necessary. They have to earn their fee somehow.
~Captcook
 

#3
juro  
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A list of all entities with forgiven PPP loans is online.
 

#4
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juro wrote:A list of all entities with forgiven PPP loans is online.


Wow, didn't know that! thanks!

Here is the link- https://projects.propublica.org/coronavirus/bailouts/
 


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