Current Federal Tax Developments

View Original

2020-12-21 PPP Loans, Version 2.0 Proposal

This week we look at the proposed revisions to the PPP loan program:

  • Proposed COVID-19 Relief Bill

  • Reopen and revise PPP loans

  • Create second draw need based PPP loan program

  • Fix the deduction issue

  • Simplified forgiveness applications (2)

An audio only version of this week’s broadcast can be streamed or downloaded below:

Your browser doesn't support HTML5 audio

2020-12-21 PPP Loans, Version 2.0 Proposal Edward K. Zollars, CPA (Kaplan Financial Education)

Download a document describing the proposal introduced during the week at:

2020-12-21 Current Federal Tax Developments