02/12/2021 - 01/22/2025, All Day

On Demand Webinar | PPP, Taxes & Economic Relief: Breaking Down the Consolidated Appropriations Act

Now Available On-Demand: The Consolidated Appropriations Act provides $900 billion in COVID-related economic relief to businesses. Most notably for small businesses, the package reserves $284 billion through a second round of Paycheck Protection Program (“PPP”) forgivable loans, or as some are calling it, PPP2.
On Friday, January 15th at 9:00 AM CST, Lurie’s Economic Relief Team (Kevin Besikof, Julie Helms, Mike Mondelli and Chris Van Schooneveld) gave a short presentation updating PPP and various rule changes, including other tax and relief package options available to business owners. Our team also answered several questions during an extended Q&A session. Our agenda, in summary:
  • Breaking down the Consolidated Appropriations Act
  • How to qualify for PPP2
  • What expenses are allowed under the new rules
  • Loan forgiveness, simplified
  • How to apply for a new, or “second draw” PPP loan
  • Expanded Q&A

By viewing the webinar recording prepared by Lurie, LLP (clicking the link) you understand the content is for informational purposes only. You should not act upon this information without seeking advice from a Certified Public Accounting firm licensed in your own state. The information presented was current at the time of its recording, on January 15, 2021.

Limitation of Liability
After the presentation, official guidance and rules may be changed, improved, or updated without notice. Lurie, LLP is not responsible for any errors or omissions in the content of this presentation, or for damages arising from the use or performance of this presentation, under any circumstances.

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