Major enhancements to the Paycheck Protection Program (PPP) are included in the Consolidated Appropriations Act, 2021. Join our team of tax professionals for an overview of how the new provisions may impact your business.
After this session, participants will be able to:
- Explain the new loan forgiveness process and additional eligible expenses for the original PPP loan
- Evaluate the possibility of obtaining an increased or new original PPP loan
- Describe the requirements for a second draw of PPP loan funds
- Provide an overview of employee retention credits that PPP borrowers might be eligible to receive for 2020 and 2021 qualifying wages