INSTANT DOWNLOAD: What You Need to Know About the Paycheck Protection Program

Everything You Need to Know About
the Most Important Part of the
2020 Stimulus & Tax Bill—
The Paycheck Protection Program!

Find out everything you need to know about the Paycheck Protection Program - - not only to help advise clients, but also for your own practice!

Probably one of the most important components of the $2.2 trillion “CARES” Act is and will be the Paycheck Protection Program, particularly for the overwhelming majority of small businesses.

Structured as an income tax-free forgivable loan, the Paycheck Protection Program will provide an enormous backstop to the nation’s small businesses during this uncertain time.  Find out everything that you need to about this key aspects of the CARES Act in this instant downloadable presentation with nationally renowned CPA and tax expert, Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished), CGMA, and estate planning attorney and CPA, Martin M. Shenkman, J.D., MBA, CPA.

During this timely presentation, you will learn everything you need to about the Paycheck Protection program including, but not limited to:

  • April 2nd PPP regulations issued by the SBA
  • A review and breakdown of the brand new SBA PPP loan application
  • Computing the maximum amount allowable for the loan
  • Forgivable uses of loan proceeds
  • Reduction in forgivable amount for reducing employee headcount or payroll
  • How to capture forgiveness through rehiring of employees
  • Basic terms of the loan
  • Taxability of cancellation of debt
  • Interaction with other SBA disaster loan programs
  • Interaction the employee retention tax credit and payroll tax deferral in the CARES Act
  • Interaction with the payroll tax credit to for employee sick leave in the Families First Coronavirus Response Act

Plus, since the CARES Act was signed, things have been shifting fast.  Over the past few weeks, there have been dozens of notices, information sheets, insights from experts, SBA regulations and even “Tweet” guidance from members of the U.S. Senate sparring with the SBA.  To help make sense of all that’s transpired since, Bob Keebler has put together a BONUS 60-minute update recording.  During this update, he will discuss the following:

  • New Regulations to compute PPP loans and forgiveness for partners
  • New Regulations to compute PPP loans and forgiveness for the self-employed
  • The interaction between the PPP and EIDL loan programs
  • The brand-new SBA PPP loan application, including foot faults clients and advisors need to watch for when they apply
  • What the PPP certification really means
  • Computing the maximum loan amount
  • Forgivable uses of loan proceeds and examples of the new 75% payroll test
  • The new mathematical formulas driving the reduction in forgivable amounts for reducing employee headcount or payroll
  • Reduction Formula examples
  • Re-hiring employees to capture forgiveness
  • Basic loan terms and the 1% interest rate
  • Interaction the employee retention tax credit and payroll tax deferral in the CARES act
  • Interaction with the payroll tax credit to for employee sick leave in the Families First Coronavirus Response Act
  • Retirement Plan and IRA Penalty-Free Distributions (with repayment plans over several years)
  • Retirement Plan Loan Expansion & Relief
  • Delayed IRA and Plan Contribution Dates

You can get all of this for you and everyone in your office for just $99!

Your Instant Download purchase includes:

  • PDF Handout Materials + Accompanying MP3 Audio Recording
  • Bonus Update Recording
  • Miscellaneous Materials and Notices

Optional Add-On:

  • Unedited PDF Transcript (can be added to your purchase during the checkout process for an additional fee)

Reviews

  1. Phil Kavesh, Esq.

    I didn’t really think that this stimulus bill meant anything to me and my practice, but after just a few minutes on the phone with Bob, I realized all of these potential tax and planning implications that came out of it!

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