Description
This product has been entered for billing purposes only.
Major Topics
The following are just some of the topics Walter will review in his CAA presentation:
- PPP Loan Modifications Including 2nd Round Loans and Deductibility of Expenses Related to PPP Loan Forgiveness
- New Simplified Forgiveness Procedures for PPP Loans of $150,000 or less
- New Expenses Qualifying for Forgiveness
- New Covered Periods for Determining PPP Loan Forgiveness
- Retroactive Increase in Loan Amounts for Farmers, Ranchers, and Pthers
- New Entities That Can Obtain a PPP Loan (e.g., 501(c)(6) Organizations, Housing Cooperatives, News Organizations, Etc.)
- A New Round of Economic Impact Payments (Stimulus Checks)
- Extension of Sick and Family Leave Employer Credits
- Expanded Opportunity for Self-Employed Individuals to Qualify for the Sick/Family Leave Equivalent Credits
- New Pro-Taxpayer FSA Provisions
- Increased Business Deduction for Food and Beverages
- Increased Charitable Contribution Deduction
- Modification Of NOL Carryback Rules for Farmers
- Expanded Opportunity to Qualify for the EITC and Child Tax Credits
- Extension and Expansion of Employee Retention Credit
- Extension of 30+ Tax Breaks Scheduled to Expire or to be Reduced After 2020
- Benefits For Victims of 2020 Qualified Disasters
- Extension of EIDL Loan Program and Tax-Favored Treatment of EIDL Grants
- Additional Payments of Principal and Interest on Certain SBA loans, and more
Provider
Don Farmer Seminars
Who Should Attend
Accounting and Finance Professionals
Prerequisites
Working knowledge of taxes