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
Professional Area of Focus
Who Should Attend
Accounting and Finance Professionals
Prerequisites
Working knowledge of taxes