Nathan Potter with Katz, Sapper & Miller Transportation Services Group will be discussing the latest round of federal COVID-19 relief which was signed into law on December 27, 2020. The new law contains important provisions that change the Paycheck Protection Program (PPP) and the Employee Retention Credit (ERC). The changes will result in substantial tax savings for most carriers, including deductibility of ordinary business expenses paid with PPP funds and expanded eligibility and larger credits for the ERC.
This webinar will highlight the provisions of the Consolidated Appropriations Act that could have the greatest impact on your business. Also included will be Deductibility of PPP Expenses, Simplified PPP Application. Overview of Second PPP Draw Loans, Expansion of First PPP Draw Loans, Overview of ERC Changes, Retroactive ERC Credit Rules and 2021 ERC Credit Rules
There will be time for a question and answer session at the end of the presentation, so come prepared for questions you would like to ask our presenter. You can also send these questions ahead of time to kenzie@iowamotortruck.com.
Date: Thursday, January 28
Time: 10:00AM - 11:00AM
