PPP Loan Forgiveness

Course Details

Date

Tuesday, July 28, 2020

10:00am – 1:05pm

Field of Study

Taxation

Course Number

AC0121

CPE Credit

3.0 hours CPE credit

Level of Knowledge

Intermediate

Vendor

ACPEN

Prerequisites

None

Description

When the Payment Protection Program (PPP) was rolled out in late March, it brought along with it a maze of dos and don’ts that complicated the finances of many small businesses. This course will help EAs and tax attorneys navigate that maze and will discuss what happens now that your clients have received their PPP loans. In addition to common sense approaches to navigating the PPP loan, you will be provided with information on how to assist clients in avoiding declaring the loan as income and getting maximum loan forgiveness.

In light of the recent legislative changes on June 3, we've added a 15 minute video update to the beginning of this program.

**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.

Highlights

CARES Act PPP Statutory Provisions
SBA Website Treasure Interim Guidance
Proper PPP loan borrowing uses
Maximizing PPP loan forgiveness – Form 3508

Objectives

Explain PPP loan use and forgiveness
Identify CARES Act PPP statutory provisions
Discuss SBA Treasury Interim Guidance
Navigate FAQs for lenders and borrowers

Designed For

CPAs, EAs, and other financial professionals

Registration for this course has passed.

Course Pricing

Member Fee Applicable if you are a HSCPA member in good standing.	$79.00
Non-Member Fee Applicable if you are not a HSCPA member.	$109.00
Your Price	$109.00