COVID Relief: Sorting it All Out Webinar Presentation
On February 3rd 2021, the CAA / OCAA sponsored a webinar: “COVID Relief – Sorting It All Out” with special guests Alyson Pattie, Principal & CPA at Barkin, Perren, Schwager & Dolan LLP and Mitch Reitman, Managing Principal at Reitman Consulting Group.
The latest coronavirus relief bill includes a 2nd round of PPP with $284 billion in additional funding now allows certain eligible borrowers that previously received a PPP loan to apply for a Second Draw PPP Loan.
This timely development also overrides previous guidance from the IRS and Treasury last year, which allows for more expenses to qualify and includes simplified forgiveness. Employers who receive PPP loans may still qualify for the ERC (Employee Retention Credit) with respect to wages that are not paid for with forgiven PPP proceeds Retroactive to CARES Act.
You can view / download the presentations below from Alyson Pattie and Mitch Reitman.
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