PPP Part 4 - Wrap Up

On October 7, 2020

$45 for Members
$60 for Non Members Become Member

The SBA recently clarified the computation of owner-employees and owner's compensation replacement for the purpose of computing PPP forgiveness.  The SBA also issued form 3508EZ (PPP Forgiveness Application) that many borrowers will be able to use and the full form 3508 that the remaining PPP borrowers will have to use.  With the new rules provided by both the PPP Flexibility Act and SBA additional guidance that allows a 24 week "covered period" instead of the the previous 8 weeks "covered period", much if not all of te the PPP loan will be forgiven.  However, the 8 weeeks "covered period" can be elected if the client chooses.  This webinar will focus on the recent changes and we will be providing Excel worksheets to assit you in preparation of both forms 3508EZ and 3508.  This webinar is a must-attend for practitioners who will be assisting their clients in completing the PPP forgiveness application.

Start: October 7, 2020 01:00 pm Cost: $45 - $60
End: October 7, 2020 03:00 pm Category: Taxes
Course Objective

Understand how to complete both the 3508 and 3508-EZ.

CPE Hours

2

Level

Basic

Prerequisites

None

Field of Study

Taxes

ZOOM

,
Phone

Website
Visit Venue Website

Organized By: IAAI
IAAI has always been dedicated to increasing and maintaining a high standard of proficiency and integrity among its members; cultivating a spirit of professional cooperation among its members; and establishing good will and understanding between the public and the membership. For more information regarding refund, concerns and program cancellation policies, please contact our office at 800-222-2270. Independent Accountants Association of Illinois is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE sponsors through its website: www.nasbaregistry.org
Address: P.O. Box 9140
Springfield US,62791-9140
Phone: 800-222-2270
Email: illinoisaccountants@gmail.com
Website: http://illinoisaccountants.com
Chris Bird

Past Seminar

commercial members