2020/01/14 In the Know: New COVID-19 Stimulus Package Tax Law Update ITK01-21

On December 21, 2020 Congress extended and clarified economic stimulus provisions originally passed in March 2020 in the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act. Join tax expert Mark Sellner, CPA, JD, LLM, for his live update covering the newly passed COVID-19 Stimulus Package.

This webinar covers tax provisions in the new law, including:
• Additional stimulus checks
• Changes to PPP loan forgiveness
• Deductibility of PPP-funded business expenses
• Refund of EIDL grant reductions to PPP forgiveness
• Full deductibility of meals and entertainment
• Expansion of educator expense deduction
• Payroll tax updates
• Tax credit updates