CARES Act Payroll Protection Program
Duration : 60 Minutes
Mark Schwartz,
Mark Schwartz is an employment tax specialist and has over 15 years of employment tax experience as an independent consultant and as a payroll tax auditor with the State of California. He has managed an audit caseload of 20 ongoing audits, from small home-based businesses to large multi-national c Read more
In March 2020, Congress passed the Families First Coronavirus Response Act. Part of this act established paycheck protection program loans managed by State Small Business Authorities.
Due to complications, the money soon ran out and Congress had to pass extensions to the funding, and realign provisions for qualification. Because the pandemic persists, Congress has strengthened the act, softened the provisions for forgiveness, and is encouraging employers to apply for the loans to keep Americans employed.
In this webinar you will learn the new provisions, and be able to re-evaluate your organizations need for this funding. If you already have a loan, you will learn the methodology for forgiveness and repayment.
Also, our speaker will summarize other important information for employers trying to resume business operations in the COVID-19 environment.
Course Objectives:
• Define the mandates under the new provisions
• Describe to management and workers the “new normal” in light of COVID-19
• Discuss the benefits and drawbacks of payroll protection program loans
• Explain the types of expenses forgivable under the program
Course Outline:
• Basics of the PPP enacted March 2020
• CARES and FFCRA acts
• PPP act qualifications and restrictions
• PPP Flexibility Act
• Overall Modifications made to the PPP
• Specific Modifications
• Actions to take
• Updates to Employer related COVID-19 matters
• Safe workspaces, work from home and other requirements
• Other financial relief resources
• How to help workers
What You Get:
• Training Materials
• Live Q&A Session with our Expert
• Participation Certificate
• Access to Signup Community (Optional)
• Reward Points
Who Will Benefit:
• Payroll managers and staff
• Accountants and Payroll Processors
• Payroll tax managers
• Human resource managers and staff
• Hiring managers and employee liaisons
Please reach us at 1-888-844-8963 for any further assistance or if you wish to register
