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Wednesday, October 28, 2020 Webcast

Paycheck Protection Program Loans: A Full Rundown of Where We Are Now (X1-PPP7-2020-01-WEBNR-302-01)

2:00 PM - 4:00 PM EDT
webcast

Webcast

2.0 CPE Credits in TX

OVERVIEW

Unless Congress extends the Paycheck Protection Program (PPP), August 8 was the last day for loans. However, there are tens of billions of dollars in loans currently outstanding that will be forgiven partially or completely or paid back to the SBA. Because the SBA and IRS have continued to issue more specific guidance regarding when and how PPP loans are forgiven, including a number of new FAQs, we now know much more about the loan forgiveness process and have answers to many of the questions that have bedeviled practitioners. This program is designed to update practitioners on all the latest regarding PPP loan forgiveness.

DESIGNED FOR

CPAs and other financial professionals advising clients regarding PPP loans and other COVID-19–related legislation

BENEFITS

  • Advise clients with respect to the PPP loan forgiveness process

HIGHLIGHTS

  • The latest IRS FAQs related to helping PPP borrowers navigate maximum loan forgiveness
  • Procedures for appealing a turndown of a PPP loan forgiveness application
  • What loan forgiveness form borrowers should use
  • New guidance regarding payroll costs eligible for forgiveness
  • Eligible compensation for self-employed taxpayers, S corporation shareholders, and LLC owners
  • Additional guidance regarding eligible utilities
  • How PPP loans interact with Economic Injury Disaster Loans
  • IRS Guidance on PPP expense deduction

COURSE LEVEL

Update

PREREQUISITES

Previous experience with individual income taxation

ADVANCE PREPARATION

None

INSTRUCTOR

Michael Tucker

Michael J. Tucker, CPA, Ph.D., J.D., LL.M.

Ph.D., JD, CPA

Professional Education Network

Michael J. Tucker is an employee of Surgent McCoy CPE, LLC and a consultant for the accounting firm of T.M. Byxbee Co. in Hamden, CT. He is the author of many professional articles and a veteran TV and live-seminar presenter. In addition, he heads up Surgent McCoy's webinar efforts, where he writes and hosts many of the webinars Surgent McCoy sponsors and presents. Mr. Tucker was a professor at Quinnipiac University in Hamden, CT and worked with KPMG Peat Marwick and Deloitte & Touche. Mr. Tucker received his J.D. from New York University, his LL.M. from Georgetown University Law Center, and his Ph.D. from the University of Houston.

PRICING

$109.00 - Member

$119.00 - Nonmember

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

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COURSE DEVELOPER

Surgent