Borrower Beware: Defending PPP Loans from After-the-Fact Government Scrutiny (Completed)
Date: Monday, August 10, 2020
Instructor: Jason E. Markel, Reetuparna Duttta, Benjamin M. Zuffranieri, Jr.
Begin Time: |
9:00am Pacific Time 10:00am Mountain Time 11:00am Central Time 12:00pm Eastern Time |
CPE Credit: |
1 hour for CPAs 1 hour Federal Tax Law Updates for EAs and OTRPs 1 hour Federal Tax Updates for CTEC |
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The Paycheck Protection Program (PPP) was a lifeline to many companies faced with the existential threat of an unknown pandemic. But the prospect of “free money” by loan forgiveness comes with ever-evolving strings – including the possibility of an audit and scrutiny by federal agencies with the jurisdiction and political will to investigate borrowers’ eligibility and use of funds.
Join attorneys from the law firm of Hodgson Russ LLP for a discussion of PPP risks and strategies you can implement now to prepare to protect yourself or your company against the inevitable scrutiny, litigation, and potential criminal investigations that some borrowers may soon face.
Who Should Attend
Accountants and other tax professionals, business owners, C-Suite executives and other decision makers.
Topics Covered
- Compliance with program terms
- Loan forgiveness
- Potential audit preparation
Learning Objectives
- Describe PPP risks and strategies you can implement now
Level
Update
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (1 hour)
Program Prerequisites
Basic understanding of PPP Loans.
Advance Preparation
None