Webinars
Forgiveness in 2021: How the Economic Aid Act is Changing PPP - Focusing on Loans Above $150,000
The Economic Aid Act signed on December 27, 2020, reopened the SBA’s Paycheck Protection Program – and made significant changes to the forgiveness process.
Viventium continues to deliver the insight and hands-on analysis you need to maximize your grant amount while complying with the SBA’s complex forms, rules, and guidance.
If your 1st or 2nd draw loan will be more than $150,000, please join Viventium’s own Yonina F. Shineweather, CPA, for a step-by-step guide to completing Forms 3508, Schedule A, and the Worksheet.
You’ll learn:
This information is for educational purposes only, and not to provide specific legal advice. This may not reflect the most recent developments in the law and may not be applicable to a particular situation or jurisdiction.
- What the new key dates are for your forgiveness calculations;
- How headcount and wage reductions can jeopardize your forgiveness – and what safe harbors can protect you;
- Which conflict between the forgiveness form and the SBA rules may impact your forgiveness amount; and
- How payroll cost limits for owner-employees are changing.
This information is for educational purposes only, and not to provide specific legal advice. This may not reflect the most recent developments in the law and may not be applicable to a particular situation or jurisdiction.
