The Changing Rules of the Game: Audits, Forgiveness & Taxability of PPP Loans
In the face of the unprecedented economic decline triggered by COVID-19, Congress enacted the Payroll Protection Program. To expedite the disbursement of the funds, the small business loan program was initially rolled out with only minimal official guidance. However, since the launch, the Administration has been dripping out new guidance that is in some cases fundamentally changing the rules – and there is more to come. During this webinar, government affairs, legal and accounting experts will share their insights on the rules as we know them now as well as how to effectively navigate the ongoing uncertainty surrounding the PPP loan program.