AICPA Town Hall Series – November 5 Edition
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AICPA Town Hall Series – November 5 Edition

1 year ago · 1 hour 1 min watch

In the November 5 Town Hall series, host Erik Asgeirsson, President & CEO, CPA.com reviews the best available information from key PPP stakeholders. Barry Melancon, CPA, CGMA, President & CEO addresses the post-election outlook including:

  • Lame duck session

  • Timing for PPP2

  • Tax deductibility of PPP expenses

Lisa Simpson, CPA, CGMA Director – Firm Services reviews the released Forms 3509 and 3510 including

  • Gross revenue comparison between Q2 2020 and Q2 2019

  • Cash and equivalents prior to loan application

  • Compensation > $250K to owners or employees (annualized)

Mark Peterson, EVP- Advocacy, shares his thoughts on the election results and what it means to the House and the Senate.

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