December 9, 2020
1:00pm - 2:00pm
Join Kreischer Miller’s Mario Vicari for this webinar sponsored by CFMA that will provide a PPP Loan Forgiveness update.
The SBA recently issued two forms designed as questionnaires to solicit data from all recipients of PPP Loans greater than $2 million.
The IRS has also indicated its intent to address the taxability of PPP Loan forgiveness, in particular as it applies to straddles between tax years 2020 and 2021.
This hour long webinar will explore the contents of the questionnaires and available updated IRS guidance to get your documentation in order, as well as other miscellaneous updates to PPP Loan Forgiveness.
Learning Objectives:
- Understand the SBA's New Form 3509 and 3510 Loan Necessity Questionnaire
- Understand SBA Appeals Process if your loan is deemed ineligible
- The latest IRS information regarding taxability of forgiveness