2021 PPP Loans and Employment Tax Credits Recorded Webinar

On December 27, 2020, the President signed into law the Consolidated Appropriations Act (“CAA”), 2021. The law brings enhancements to CARES Act programs to provide further assistance to businesses and individuals. The team will cover the big wins for a new round of PPP loans, expanded credits available to more employers, deductions for PPP loan related expenses, and more.

Learning Outcomes:

• Identify businesses that qualify for an additional PPP loan
• Consider if an employer is eligible for the employee retention credit in 2020 or 2021
• Review the changes to expenses that qualify for PPP loan forgiveness
• Address the beneficial change in law to permit deductions for PPP loan related expenses

Speakers

• Deborah Walker, CPA, Compensation & Benefits Leader | Cherry Bekaert LLP
• Anne M. Yancey, CPA, CCIP, National State Credits & Incentive Leader | Cherry Bekaert LLP
• John T. H. Carpenter, Principal, Advisory Services | Cherry Bekaert LLP
• Martin Karamon, JD/LLM, Principal, Credits and Accounting Methods | Cherry Bekaert LLP