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- File Size 301.77 MB
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- Create Date June 11, 2020
- Last Updated February 3, 2021
COVID-19 check-in webinar: PPP Flexibility Act
Unpack the Paycheck Protection Program (PPP) Flexibility Act legislation with accounting experts at LB Carlson.
Some changes include:
- Optional extension of the original 8-week forgiveness period to 24 weeks
- Stricter guidelines regarding the payroll expenditure percentage requirements
- Borrowers can use the 24-week period to restore their workforce levels and wages to the pre-pandemic levels required for full forgiveness
- New exceptions allow borrowers to achieve full PPP loan forgiveness even without fully restored workforce
- Loan repayment deadline increased to five years
- Businesses now allowed to delay payment of payroll taxes
If you need the password to download, message us.
Attached Files
| File | Password | Action |
|---|---|---|
| COVID-19 June 11 PPPL Flexibility Act (video) | ||
| COVID-19 June 11 PPPL Flexibility Act (audio) | ||
| COVID-19 June 11 - PPPL Flexibility Act (slides) | ||
| PPP Flexibility Act of 2020 |
