This presentation will review the latest IRS and SBA guidelines with regard to income tax reporting for 2020.
Also, a review of important details relating to small business owners contained in the latest stimulus package regarding PPP forgiveness and eligibility to receive a second PPP loan.
Finally, we will review tax filing responsibilities as well as accounting guidance for PPP forgiveness.
Questions?
Call 412-648-1542 or email sbdc@innovation.pitt.edu.
SPONSORS:
Funding support and resources are provided by the Commonwealth of Pennsylvania through the Department of Community and Economic Development; through a cooperative agreement with the U.S. Small Business Administration, and through support from the University of Pittsburgh. All services are extended to the public on a non-discriminatory basis. Special arrangements for persons with disabilities can be made by calling 412-648-1542. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. SBDC services are not available to individuals or entities that have been debarred or suspended by the federal government. By agreeing to receive assistance from the SBDC you are self-certifying that you are not currently federally debarred or suspended and also agree to cease using SBDC services if you become federally debarred or suspended in the future.