Stimulus legislation that passed at the end of 2020 may bring significant opportunities to businesses and individuals navigating the impact of the COVID-19 pandemic. Chief among the provisions is a new iteration and expansion of the popular Paycheck Protection Program (PPP2). Changes in the Consolidation Appropriations Act (the Act) also clarify PPP loan tax treatment and offer temporary relief to medical flexible spending accounts and other employee benefit offerings. Several tax provisions were modified by the Act as well.
Our webinar will recap what businesses need to know to take advantage of available relief measures and how developments in the Act may affect 2021 planning. The one-hour, CPE-eligible presentation will be followed by a 30-minute Q&A session for participants.
After completing this course you will be able to:
- Provide an overview of the new PPP2 loan program
- Summarize developments affecting loan forgiveness applications
- Describe cafeteria plan and surprise medical bill relief included in the Act
- List temporary tax relief measures
- Identify the tax provisions and extenders affected by the legislation
Your Expert Presenters Are:
- Jake McDonald - Director, CBIZ Credit Risk Services
- Karen McLeese - Vice President, Employee Benefits Regulatory Affairs, CBIZ Benefits & Insurance Services, Inc
- Bill Smith - Managing Director, CBIZ National Tax Office
- CPE: Eligible for 1 CPE credit in Tax
- Prerequisites: None
- Advanced Preparation: None
- Program Level: Overview
- Delivery Method: Group Internet-based
*Attendees must be registered individually and click on periodic participation markers throughout the webinar to receive CPE credit. We may be unable to offer CPE certificates to those who log into the webinar using:
- GoToWebinar Instant Join
- iPads or mobile devices (unless using the Citrix mobile app for GoToWebinar)
If you would like the opportunity to earn a CPE certificate, please log in using a different method than the ones indicated above to ensure that you show up on the final attendee report.
For more information regarding complaint and program cancellation policies, please contact our offices at (216) 447-9000.
CBIZ, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
**MHM (Mayer Hoffman McCann P.C.) is an independent CPA firm that provides audit, review and attest services, and works closely with CBIZ, a business consulting, tax and financial services provider. CBIZ and MHM are members of Kreston International Limited, a global network of independent accounting firms.