Understanding the PPP Loan Forgiveness Application and the Tax Consequences: What Every Accountant Needs to Help Their Client - Recording / Handouts

On May 15^th the SBA released the application to be used by borrowers to obtain forgiveness of the PPP loans.  The definitions and guidance clarify some issues but left other open.  We have broken down the application to make it easier to understand and help practitioners understand it and what their clients need to know.  Join us for a free webinar for the most up to date information to serve your business and clients along with the potential tax ramifications of the program.

Learning Objectives:

• Understand the tax ramifications of the forgivable loans under the PPP loan program
• Explain how the application process works and what taxpayers need to do
• Describe the tax impact to the expenses paid by the funds issued under the PPP loan program