WEBINAR MATERIALS: Strategies for Maximizing PPP Loan Forgiveness PART 8

1/12/2021

Webinar held on Tuesday, January 12, 2021.

On December 21st, Congress passed the long-awaited $900 billion COVID-related Tax Relief Act (COVIDTRA) as part of the Consolidated Appropriations Act, 2021. Included in the Act is $284 billion for a second round of the Paycheck Protection Program (PPP) and clarification on the deductibility of expenses paid with PPP loans. 

Our webinar presented by shareholders Suzanne Cox, CPA, CIT, Glenn Scharf, CPA, CVA and Andrew Kent, Esq., CVA breaks down the PPP provisions, discuss the latest guidance from the SBA and more, including:

  • Who is eligible to apply for PPP2/PPP “second draw” loans
  • Changes to the PPP rules for round 2
  • Tax deductibility for PPP expenses
  • Other important changes (EIDL, forgiveness updates, and more)!


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