Gerstein Quoted About PPP Loans in Philadelphia Inquirer

Mitch Gerstein, CPA, was quoted in the June 17, 2021, Small Business section of the Philadelphia Inquirer regarding PPP loans for small business owners.

Mitch Gerstein, a senior tax adviser at Isdaner & Company in Bala Cynwyd, agrees that focusing just on the ERTC and not paying down their PPP loan may not be the best strategy for some businesses. “It really depends on factors like their cash flow, how big their loan is, and what the net savings would be, if any, given the potential tax consequences of using credits,” he says. “There’s [are] lots of moving pieces.”

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