Covid-19 Resources

Articles and Letters Written by Polito Eppich Associates

01/07/21: Updated COVID Related Programs Aimed to Support Small Business

11/26/20: IRS Released Guidance Re: Taxable Impact of the PPP Loan

8/10/20: PPP Loan Forgiveness: Using PPP reporting from the Payroll Companies

8/04/20: CARES Act update August 4, 2020. SBA finally addresses loan forgiveness questions

6/12/20: CARES Act Update June 12, 2020: SBA publishes REVISIONS TO FIRST INTERIM FINAL RULE

6/5/20:CARES Act Tax Planning June 5, 2020: A Year of Disruptions

6/4/20: CARES Act Update – Payroll Protection Program Flexibility Act

5/27/20: CARES Act Update – Documentation Requirements for a PPP Loan

5/27/20: CARES Act Commentary – Incurred and Paid vs. Paid or Incurred

5/26/20: CARES Act Commentary – Are other uses of PPP loan permitted

5/20/20: CARES Act Update – FTE Issues

5/18/20: CARES Act Update – SBA Issues Loan Forgiveness Application

5/13/20: CARES Act Update – Daily Briefing

4/21/20: PPP Loan Best Practices and Loan Forgiveness

3/30/20: Overview of FFCRA and CARES Act

3/30/20: Comparison of Disaster Loan (EIDL) and the Payroll Protection Program (PPP) Loan

PPP Loan Round 2 Details Webinar

On January 7^th, Jessica Dorsett, CPA presented a PPP Round 2  conference for our colleagues at San Diego North Economic Development Council.

Presentation slides can be found here

Disclaimer – this information is based on our interpretation of the laws and rules issued as of 01/07/21. Information and rules are changing regularly and should be closely monitored and discussed with your advisers.

PPP Loan Forgiveness Application Process 7.9.20

Jessica Dorsett and Paul Polito presented the PPP loan forgiveness applications, including qualifiers for the EZ form, review of safe harbors and highlights of other related matters.

We were joined by Dan Yates of Endeavor Bank who gave a banker’s perspective and a review of the portal for their clients.

Presentation slides can be found here

Endeavor Bank PPP Loan Forgiveness Slides

Disclaimer – This information is based on our interpretation of the laws and rules issued as of 7/9/20. Information and rules are changing regularly and should be closely monitored and discussed with your advisers.

PPP Loan Update 6.23.20

San Diego North Economic Development Council hosted Jessica Dorsett and Paul Polito in a webinar on the recent changes to the PPP loan program through June 23, 2020.

Presentation slides can be found here

Disclaimer – this information is based on our interpretation of the laws and rules issued as of 6/23/20. Information and rules are changing regularly and should be closely monitored and discussed with your advisers.

PPP Loan Forgiveness 5.28.20

Paul Polito and Jessica Dorsett presented a webinar reviewing the PPP Loan Forgiveness application and rules as of May 28, 2020. We were joined by Nichole Kensora of Comerica Bank who reviewed other SBA lending opportunities and changes.

5/28/20 PPP loan webinar PowerPoint slides

Disclaimer – this information is based on our interpretation of the laws and rules issued as of 5/28/20. Information and rules are changing regularly and should be closely monitored and discussed with your advisors.

PPP Loan Webinar

Paul Polito and Jessica Dorsett presented a webinar on April 30, 2020.

It was hosted by the San Diego North Economic Development Council (SDNEDC) and covers PPP Loan Best Practices and Calculating Loan Forgiveness.  Watch Webinar here

Information from the Department of the Treasury – Assistance for Small Businesses 

Information on the San Diego North Economic Development Council

PPP Loan Slides

PPP Loan Handouts

PPP Loan Consulting Services

We have spent hours researching and advising clients regarding the Payroll Protection Program.  We have developed a template to allow businesses to budget, forecast and calculate the loan forgiveness in accordance with SBA guidance.  If you are interest in the PPP loan forgiveness template and/or consulting services, please complete the interest form and we will contact you within 1 business day.

( Note: if you prefer to download a .PDF form directly to your computer, CLICK HERE. Please e-mail the completed form to Mary at mmm@politoeppich.com. )

This short video provides an overview of the template we have developed to assist clients in the budgeting, forecasting and calculation of the loan forgiveness application.