Paycheck Protection Program: Where We Stand Today on Loan Forgiveness, Tax Credits and Much More
Now that most borrowers have exhausted their Paycheck Protection Program (PPP) loan funds, attention is turning to the forgiveness process, how to account for it and its impact on broader business planning decisions.
Join us for an engaging webcast, where Doeren Mayhew leaders will share insight on where we stand today with the PPP, key considerations of the forgiveness process and related tax incentives every business should know about.
During this webcast, we will:
Decipher the latest PPP guidance.
Clarify calculation methods and strategies that impact maximized forgiveness.
Present potential pitfalls to avoid prior to application submission.
Offer ways to account for loan forgiveness until it has been granted.
Explore tax credits impacting loan forgiveness.
Share year-end tax planning strategies to implement with a PPP loan on the books.
Discuss the seven safe harbors.
Gain insight on the loan application process and its calculation methodology.
Understand the tax implications of loan forgiveness and planning strategies to consider in light of them before year-end.
Become familiar with potential new legislation impacting the PPP.