Paycheck Protection Program Loan Forgiveness
What You Need to Know Webinar
Friday, June 26, 2020 • 10:00am-11:30am EDT
Recommended CPA Credits: 1.5
This webinar will focus on the forgiveness aspects of the Paycheck Protection Program (PPP). For organizations that have a PPP loan, participants will gain an understanding of the requirements for loan forgiveness, as well as gain a broader understanding of what the forgivable costs are. Participants will learn about changes in the “covered period” for loan forgiveness to 24 weeks from 8 weeks, a reduction of the portion of proceeds that must be spent on payroll costs to 60% from 75%, and the establishment of a safe harbor for businesses that have been unable to return to the level of business activity they had before the COVID-19 pandemic due to compliance with health and safety guidelines for slowing the spread of the virus.
Who should attend?
Any business which has a PPP loan or is interested in learning about PPP loans.
ACT Instructors include:
- James Hunt, CPA, CGMA I CEO (Moderator)
- Brian Kassalen, CPA, CFF I A&A Partner (Instructor)
- Patrick Smith, CPA, ABV, CGMA I Tax Partner (Instructor)
Webex Connection Information:
Please use the link below to complete the registration form and expect to answer random polling questions as a method of attendance verification. Note that you must answer at least 75 percent of polling questions in order to receive full credit for your participation; partial credit cannot be awarded.
Registration address for attendees:
Recommended Field of Study: Specialized Knowledge (1.5)
Instructional Delivery Method: Group Internet-Based (via Webex)
Program Level is Overview. No prerequisites or preparation needed.
