Training Course Details

Course Name:

WHEN AND HOW TO REPORT PPP LOAN FORGIVENESS (AND ERC AND MA PTE EXCISE) ON FORM 1120-S AND SCHEDULE

Course ID:

1136495

Provider Name:

Approved for:

Description:

In this zoom live video conference students will learn the the 3 choices available for reporting PPP loan forgiveness as tax-exempt income on Form 1120-S and the effect that each choice has on when to increase the tax basis in S stock and how and when to report that forgiveness as tax-exempt income (and how to report related deductions) on Schedule M-2 in a manner that is most beneficial for the taxpayer. After completing this program, students will be prepared to report PPP Loan forgiveness on an 1120S return. This program is group discussion friendly, and questions are encouraged during the presentation. Ideal for CPAs, EAs, CFPs, and Attorneys.

Training Subtype:

Basic Accounting

Location:

48 DUNBAR ROAD

PALM BEACH GARDENS , FL 33418

Program Results In:

Certificate

Course Length:

1 week(s)

Average No. of Hours/Week:

4 Hrs

On-line Course Schedule:

http://bostontaxinstitute.com

Cost/Student:

Includes:

$99.00

Tuition

Flat Rate Course:

(The cost of this course is based on a flat fee, regardless of the number of employees attending the course)

Performance Summary

Program Year (Most Recent):