January 5, 2021 at 4:00pm - 5:00pm
RegisterFederal lawmakers agreed to a second round of stimulus legislation last week, which has now been signed into law. The bill allocates $900 billion in economic relief to businesses and workers across the country. Of the significant funding that was approved, there were several key provisions to help small businesses. Join Scott Kurkian, PPA’s CFO, as we discuss the new law and how it can benefit you as a photography business owner. There are some changes to the latest version of the Paycheck Protection Program (PPP) that you’ll need to be aware of, and as last time, funding is capped, so it will be essential to move quickly on this if you are eligible. We will also review the ability to deduct expenses paid for with original PPP funds, updates on loan forgiveness, and continued unemployment benefits for small business owners.