Includes NEW SBA Form 3508, Loan Forgiveness Application, line-by-line explanation and an AMAZING Excel worksheet to do all the calculations for you, including "what-ifs".
Businesses have heard that if they spend 75% of their PPP loan on payroll costs, the entire loan will be forgiven. Unfortunately, that's not true, and businesses that rush to rehire their employees may find they have spent the money and are still required to repay a considerable portion of their loan. We know you want quick and easy solutions, but there are none. It's complicated; even more than you realize! And you don't want your client to blame you if their entire loan isn't discharged. You need answers!
Some of the questions we'll address include:
· Available now for immediate delivery!
· 2-hour recording and a detailed, fully-cited, illustrated text
· TIME-SAVING Excel worksheet version of SBA Form 3508 to do the calculations for you
· 3 CPE credits
· And we will send you FREE updates as additional guidance on this topic is released!
"This is the best explanation of the PPP and its forgiveness that I have yet seen. And we have been doing update/webinars/research every single day since this whole thing started."
"I just want to say how much I appreciate the effort & attention you've put into your presentations. There is so much rumor and speculation about COVID-19 tax benefits & programs running around, its kinda making me nuts! I love that you focus on the code and the published guidance, and only follow them out to their conclusions, and point out where a conclusion can't be drawn because of ambiguity in the code & guidance. Very helpful."
"This presenter is incredible. This is exactly the method I need to understand. He anticipates every question, and really slowly explains in full. It is so refreshingly easy to follow while at the same time a quite difficult subject. I could not be more impressed with this course."
Lisa Ihm, EA has been teaching seminars nationwide since 1986. Lisa's methodical approach helps you understand even the most complex tax laws. Rather than simply reciting the rules, she digs below the surface to make you think about how tax laws affect your clients and how you can use those laws to your clients’ benefits.
Brass Tax is happy to announce the addition of Ryan Reichert, EA to our staff. Ryan’s background in tax preparation, business, financial planning, and tax research makes him especially equipped to tackle the interpretation of new tax legislation. His step-by-step, detailed approach helps tax preparers understand the application of unfamiliar and often complex new tax laws.
This seminar has been designed to meet the requirements for 3 Federal Tax Law Update continuing education hour for EAs, CRTPs, and CPAs. We have entered into an agreement with the Office of the Director of Practice, Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, Section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors and length of class hours. This agreement does not constitute an endorsement by the Director of Practice as to the quality of the program or its contribution to the professional competence of the enrolled individual.
3 hours federal tax update CPE
IRS UD2VU-U-00096-20-S self-study
This seminar has been designed to meet the requirements for 3 hours of Federal Tax Law Update for the California Tax Education Council. This does not constitute endorsement by the CTEC as to the quality of the course or its contribution to the professional competence of the preparer.
For more information regarding administrative policies such as complaints or refunds, contact Brass Tax at (858) 487-2553.
3 hours federal tax update CPE
Course level: Intermediate
CTEC 1008-CE-1124 self-study