A lot has happened in 2020. While we haven’t had a lot of legislation in the last few months, we’ve had a lot of guidance come out from the IRS and the SBA, particularly surrounding PPP funds. So where are we?

PBMares presented, “The Latest on PPP: Forgiveness Application and Legislative Update” from 1 pm-2 pm on December 3, 2020.

During this webinar, the team covered:

  • PPP Forgiveness Items
    • Loan forgiveness application – the details and must knows
    • Tax free income that may not be tax free
    • FAQs we’re receiving, including sale of a business with forgiveness applications pending and FTE issues
  • Legislative update