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PPP LOAN FORGIVENESS – THE IN’S & OUT’S

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JOIN US ALONG WITH AL WAGNER FROM TRUPAYROLL AS WE CONTINUE OUR DISCUSSION ABOUT THE IN’S & OUT’S OF THE PPP LOAN PROGRAM THIS WEBINAR’S TOPIC WILL BE DEALING WITH LOAN FORGIVENESS AND A REVIEW OF THE FIRST VERSION PPP LOAN FORGIVENESS APPLICATION. The SBA has issued the first version (v1.0) of the PPP Loan Forgiveness Application. (OMB 3245-0407, exp 10/31/2020). Do yourself a huge favor, download this application and gather the necessary documentation during the 8 week period, if you’ve …

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H.R.6074 – Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 – Passed into Law

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For the tracking and full Act click here: https://www.congress.gov/bill/116th-congress/house-bill/748 This is quite an extensive piece of legislation…. and will take some time to digest the impacts for our customers. Feel free to contact our office to determine how this new legislation will affect your business. There are many provisions to this 854 page document. The most relevant to our customers will be the Employee Retention Tax Credit. Stay tuned for how this credit may be claimed.