PPP loan forgiveness update
Dec 15, 2020
The Paycheck Protection Program (PPP) has provided needed relief for small business and those they employee during the COVID-19 pandemic, but the forgiveness rules can be tricky. Learn about the latest updates and how they might impact you and your business or organization.
PPP topics include:
- Proposed Emergency COVID-19 Relief Act — PPP Impact
- Mechanics and deadlines
- Key PPP spending rules
- Tax implications
- Change of ownership
- Loan necessity — Form 3509
- Coordination with employer Social Security deferral
Author(s)
