CPE Packages (Incl. Ethics) for Multiple States and Qualifications Available. Price $4/credit - CLICK HERE to view.

So You Have A PPP Loan. Now What?

4.3 (3)

Jason Dinesen, EA, LPA

Dinesen Tax & Accounting, P.C.

  • AFSP
  • CPA
  • EA
  • Tax Preparer
  • CTEC

Published: June, 2021

2 Credits

$20

Subject Area

Taxes

Webinar Qualifies For

2 CPE credit of Taxes for all CPAs

2 CE credit of Federal Tax Update for Enrolled Agents ( IRS Approved : GEHNZ ) (Approval No. GEHNZ-U-00536-21-S)

2 CE credit of Federal Tax Law Update for California Tax Professionals (CTEC Approved-6273) (Approval No. 6273-CE-0517)

2 CE credit of Annual Filing Season program (AFSP)( IRS Approved : GEHNZ )

2 CE credit of Federal Tax for Maryland Tax Preparers (Approval No. GEHNZ-U-00536-21-S)

2 CE credit of Federal Tax Update for Oregon Tax Preparers (Approval No. GEHNZ-U-00536-21-S)

2 General Educational credit for Tax Professionals / Bookkeepers / Accountants

You need to register for the webinar to watch the video.

Click Here to Register

Before starting this self study program, please go through the instructional document.

Overview

  • AICPA writes letter
    5 mins
  • Kabbage investigation
    11 mins
  • Wage Caps
    19 mins
  • Form 3508S- For loans of $50,000 or less
    28 mins
  • Form 3508-EZ
    38 mins
  • Allowable Expenses
    44 mins
  • PPP and Basis
    52 mins
  • Other PPP Tax Issues
    59 mins
  • ERC 2021
    73 mins
  • PPP and Wages claimed
    82 mins
  • Schedule C Warning
    92 mins
  • Other PPP2 Notes
    99 mins

Course Description

The Paycheck Protection Program is now out of money, so no new applications are being accepted. But PPP still remains a part of life for every tax pro and accountant. Issues such as applying for forgiveness, determining the "FTE" calculation, figuring out which forgiveness form to use, and even tax implications, are all still items we need to think about. This webinar will cover those issues in a 2-hour interactive online CE webinar.

Failure to fully understand the requirements for PPP loan forgiveness could cost employers money, at a time when every penny counts. Employers need to stay up-to-date on recent activities regarding the PPP loan forgiveness application, necessary documentation, and other best practices to ensure they are well-prepared for the next steps under the PPP

Agenda of this online CPE/CE webinar:

  • Latest PPP news from Congress and the SBA (kept up-to-the-minute)
  • Which forgiveness form to use?
  • Dealing with FTE calculations
  • Which expenses are forgivable?
  • Allocating expenses and meeting the 60% rule
  • PPP interaction with the Employee Retention Credit
  • Tax implications of PPP loans: more issues than you'd expect

Click for more webinars on | Tax Updates | Tax Planning |

Learning Objectives

  • Identify which forgiveness application to use
  • Identify expenses that qualify for forgiveness
  • Understand the limitation calculations
  • Understand how PPP interacts with ERC
  • Identify the tax implications of PPP loans

Who Should Attend?

  • Bookkeepers & Accountants & Tax Preparers
  • Certified Public Accountant
  • CFO/Controller
  • Chief Accounting Officer
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Finance Director
  • Tax Accountant (Industry)
  • Tax Attorney
  • Tax Director (Industry)
  • Tax Firm
  • Tax Managers
  • Tax Practitioners
  • Tax Preparer
  • Tax Professionals
  • Tax Pros
  • Young CPA

Testimonial

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