Overview
Many borrowers are now submitting forgiveness applications for their Paycheck Protection Program (PPP) loans. At the same time, the government continues to release new guidance and updates affecting potential forgiveness amounts.
Join Eide Bailly for a discussion on common issues and considerations borrowers are currently facing.
Learning Objectives:
- Discuss common issues borrowers are addressing when applying for forgiveness
- Outline the tax and financial reporting considerations borrowers are facing as they close out their year
- Consider what follow-up questions lenders and the government may have once a forgiveness application is submitted
Presenter:
Adam Sweet, JD, LLM, Principal
Adam is part of Eide Bailly’s PPP working group and has frequently presented on the PPP. He has extensive knowledge in the area of partnership tax, including interpreting partnership agreements, allocation and distribution provisions, and issuing profits interests. He is also experienced with both the buying and selling sides of domestic and foreign joint ventures, as well as a variety of IRS controversy matters, including IRS exams and appeals hearings.
CPE Information
CPE Credit: 1
Field of Study: Taxes
Level of Knowledge: Update
Delivery Method: Group-Internet Based
Additional Information: These are web-group seminars. No prerequisites or advanced preparation required. For information regarding refund, complaint and program cancellation policies, please contact Jason McKeever at 612-253-6628.