KPMG LLP (KPMG) is pleased to invite you to a one-hour webcast with an overview of recent relevant developments affecting the banking industry.
Please join professionals from KPMG’s Washington National Tax, State and Local Tax (SALT) and Information Reporting and Withholding practices as they discuss the following:
- Washington update on tax legislation and new administrative developments
- Paycheck Protection Program (PPP) tax issues for lenders:
- Characterization of PPP loans
- Treatment of Small Business Administration (SBA) fees and agent costs
- Tax information reporting of PPP loan forgiveness
- SALT considerations of PPP loans.