When: Friday, April 17 (8:30 a.m. – 10:10 a.m.)
CPE Bank Hours for Members: 2
Price for Non-members: $80.00
Register for Livestream LITX43 on Friday, April 17 (8:30 a.m.–10:10 a.m.)
The Payment Protection Program was launched in an effort to prevent a downward spiral of the U.S. economy due to COVID-19. This course discusses what a PPP loan is and how it compares to other Small Business Administration loans. You will be informed of how to process the applications as quickly as possible because timing is of the essence – the $349 billion dollars that have been allotted will not last long. President Donald Trump made the implication that the amount may be expanded; however, there is no guarantee.
This course is provided so you and your clients may be informed of the latest provisions, enabling you to act expeditiously.
In “Paycheck Protection Plan Loans: Explained,” Art Werner, CPA, JD, MS (Taxation) and Bradley Burnett, JD, LLM, will introduce and explain new tax legislation in this comprehensive 2-hour webinar. SCACPA Tax Team director Lynn Nichols, CPA, will monitor the program’s real-time online chat room and answer your questions.
Art and Brad are tax practitioners, knowledgeable tax attorneys and talented CPE instructors. Their explanations and examples are simple and easy to understand. Lynn has also studied the new rules and is available to answer your questions. He brings a half century of practical experience to his answers.
CPAs, EAs and financial professionals
At the end of this course, you will be able to:
- Discuss the Payment Protection Program (PPP)
- Interpret PPP loan application instructions
- Determine qualifying loan applicants
- Interpret the timeliness of the application process
- Compare and contrast the PPP with its alternatives
- Payment Protection Program Loans
- Treasury Interim Rules
- Commercial Lending Applications
- Payroll Costs
- Per-Applicant Loan Caps
- Loan Forgiveness
- Employee Retention Credits
Arthur Werner, JD, MS (Taxation)
Bradley Burnett, JD, LLM (Taxation)
Lynn Nichols, CPA
Reminder: As always, all SCACPA livestream CPE can be audited for free if you tune in to our online classroom while the course is in session at www.scacpa.org/classroom.