Home Blog Seeking Forgiveness with the Paycheck Protection Program

Category:

Webinars

Webinar Date

May 4, 2020

Panelists

Steve Mayer, Wyatt Nelson, John Benjamin

Description

In this webinar, we explain the Paycheck Protection Program and how forgiveness works and then start to dig deeper into the details. Topics will include:

  • An explanation of the program
  • Requirements to participate
  • Roughly what forgiveness means
  • What are payroll costs?
  • What aren’t payroll costs?
  • Clarification on $100,000 compensation
  • Details on the non-payroll costs?
  • Clarification on the “8-weeks”
  • Costs incurred and payments made
  • FTE and Wages (including examples)
  • Tax considerations
  • Exposure
  • Questions

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SECURITIES AND ADVISORY DISCLOSURE:

Securities offered through Valmark Securities, Inc. Member FINRA, SIPC. Fee based planning offered through SDM Advisors, LLC. Third party money management offered through Valmark Advisers, Inc a SEC registered investment advisor. 130 Springside Drive, Suite 300, Akron, Ohio 44333-2431. 1-800-765-5201. SDM Advisors, LLC is a separate entity from Valmark Securities Inc. and Valmark Advisers, Inc. Form CRS Link

DISCLAIMER:

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, accounting, legal or tax advice. The services of an appropriate professional should be sought regarding your individual situation.

HYPOTHETICAL DISCLOSURE:

The examples given are hypothetical and for illustrative purposes only.