Tax News Update    Email this document    Print this document  

January 26, 2021
2021-0179

Monday, February 1 | How the new stimulus impacts entrepreneurs and private companies (4 pm ET)

In this webcast, learn about the new Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act, which provides $900 billion in additional COVID-19 relief funding.

Provisions of the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act are complex. Our team will help you understand the programs, how they interact and what you may be eligible to receive.

The Act, signed on December 27, 2020:

  • Reauthorizes lending under the Paycheck Protection Program (PPP) through March 31, 2021
  • Revises certain PPP provisions
  • Expands the types of expenses eligible for loan forgiveness
  • Provides for a second round of loans for certain borrowers
  • Permits employers who have taken or will take advantage of the PPP to also claim the Employee Retention Credit (ERC)
  • Extends and enhances the value of the ERC thru June 30, 2021

Date: Monday, 1 February 2021

Time: 4:00 p.m. - 5:00 p.m. EST New York;

Registration: View archive here.

Moderators:

  • Sean Aylward, US EY Private National Tax Managing Director
  • Gene Peck, US EY Private National Tax Family Enterprise Business Services Managing Director
  • Julie Gallina, Ernst & Young, LLP Partner, Tax Services and Affordable Care Act Leader

Learn about and register for Thought Center webcasts

You can learn about and register for any Thought Center webcast here.

 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

Copyright © 1996 – 2023, Ernst & Young LLP

 

All rights reserved. No part of this document may be reproduced, retransmitted or otherwise redistributed in any form or by any means, electronic or mechanical, including by photocopying, facsimile transmission, recording, rekeying, or using any information storage and retrieval system, without written permission from Ernst & Young LLP.

 

EY US Tax News Update Master Agreement | EY Privacy Statement