Content Provider
Bradlyburnett logo2
Handout Materials
Presentation Slides
Additional Materials
Webinar Technical FAQs
Cpece webinars
PPP & ERC Update: IRS Blows Open PPP, Congress Cuts Part of ERC

PPP & ERC UPDATE: IRS BLOWS OPEN PPP, CONGRESS CUTS PART OF ERC

Cost $20.00
Presentation Length 2.0 hours

Recorded DateFebruary 16, 2022
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaTaxes
Course LevelBasic
Course Description

What’s new concerning relief for businesses? Tons. The game has changed a whole lot and in a big hurry in the past few weeks. Whole new worlds have opened up when preparing (or amending) 2020, 2021, and 2022 income tax returns reporting PPP forgiveness and spending. For part of the employee retention credit (ERC), both Congress and IRS have slammed the door on our fingers (or at least attempted to). 

Both new opportunities and stumbling blocks abound. How do we respond?
 
Learning Objectives:


  • Summarize how the IRS blows open a PPP timing grab

  • Outline how Rev. Procs. 2021-48, -49 and -50 open amended return floodgates

  • Define NOL carrybacks for cash

  • Determine the best time to file for PPP Draw 2 forgiveness

  • Summarize how Congress rips away part of ERC but leaves more on the table than you think

  • Recognize the status of ERC eligibility for Corp shareholder’s wages 

  • Give examples of IRS launches ERC audit program

  • List all planning and reporting choices

Not logged
PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
Linkedin

Bradley Burnett

Bradley Burnett Tax Seminars, Ltd.
Tax Attorney, Tax Advisor, Tax Instructor
bradleyburnett10@gmail.com
(720) 936-6003

Bradlyburnett logo2

Bradley Burnett is a practicing Colorado attorney with 33 years of experience working specifically on tax issues. His practice specializes in tax planning and tax controversy resolution. Mr. Burnett has authored and delivered more than 3,000 presentations on U.S. tax law in the U.S. and international jurisdictions.

About Our Presenter

Bradlyburnett logo2
Mr. Burnett has delivered more than 3,000 presentations on U.S. tax law throughout all fifty U.S. states, Washington, D.C., the Bahamas, Italy, Greece, Turkey and Canada. He has authored texts of 35 CPE courses.