The forensic toolkit: Navigating the aftermath of COVID-19 relief
The Paycheck Protection Program (PPP) has ended and many financial institutions are reaching out to borrowers, encouraging them to apply for forgiveness. At the same time, businesses that received PPP loans are taking advantage of other COVID-19 benefits like payroll tax credits and other SBA programs.
Now is the time to have a conversation and take a deep dive into the forensics of PPP loan forgiveness and the interplay with payroll tax credits.
- Can the IRS know whether a business received a PPP Loan?
- How should PPP money be spent to obtain full forgiveness?
- What is the likelihood of an SBA or IRS audit and what can you do now to prepare?
Join experts Shannon Christensen and Trenda Hackett from Thomson Reuters as we discuss best practices, pitfalls to avoid, and how Checkpoint Edge can help. Your clients are relying on your expertise to guide them through these complex legislative changes, and you can’t afford to be left without answers. Register today!