The new Stimulus bill signed by President Trump on December 27, 2020 made some big changes to the second round of the Payroll Protection Program – plus for those who took a PPP loan in the first round, dealing with the tax implications of forgiveness. Tax and small business lending experts Lynn Freer and Bob Coleman have been following these developments closely and share their insights and expertise with you, to help you avoid problems and make fullest use of the benefits for which you quality. (Recorded Jan 11, 2021)
This webinar covers:
- Who qualifies for a second round PPP loan
- How to report forgiven PPP debt
- How to calculate your PPP Forgiveness amount
- What is needed to apply for forgivenes