Brinker Simpson & Company, LLC hosted a webinar Tuesday May 19th, 2020 to discuss the Forgiveness Application released by the SBA Friday May 15th.
Today we discussed an overview of the Forgiveness Application released by the SBA Friday May 15th.
The webinar addresses many commonly asked questions about the PPP and the related forgiveness.
There are still major areas of uncertainty, unfortunately and we expect additional guidance to be released. Additionally, things may change based on Congressional action on the HEROES Act and direct PPP related legislation. We are actively monitoring those developments and will keep you updated.
A recording of that overview and the following Q&A from participants can be viewed HERE.
We will provide a workbook to assist with calculating estimated forgiveness, tracking costs over your covered period, and to otherwise help you prepare in advance to apply. We are going to record a walk-through of the document and post to our website soon.
We send all webinar invitations to our email distribution list, if you would like to be added, please let us know. If there are topics you would like us to consider for future webinars, please let us know.
Please reach out to cares@brinkersimpson.com with questions.
We are in this together,
Brinker Simpson & Company, LLC
Disclaimer: This alert is for informational purposes only and does not constitute professional advice. Information contained in this communication is not intended or written to be used as tax advice & cannot be used by the recipient to avoid penalties that may be imposed under the Internal Revenue Code. We strongly advise you to seek professional assistance with respect to your specific issue(s).