Breaking News: Dec. Stimulus Bill Overview & What It Means for You
Congress delivered another round of stimulus just in time for the holidays, a welcome relief to many businesses and individuals.
Join us on December 28th for our panel of experts who will provide you with all the details and direction you need to make the best, most informed decisions.
Several key provisions of the bill that we will cover include (subject to change until signed into law):
- Extension of unemployment benefits.
- Restoration of Federal tax deductions related to forgiven “round 1” PPP loans.
- PPP forgiveness process simplification.
- Second round of PPP funding availability & eligibility.
- SBA loan payment updates.
- COVID sick-pay and employee retention credit extensions.
- Additional tax extensions and revisions.
SN’s resident expert on the impact of COVID-19/PPP on businesses, Chad Bumbaugh, provides a more detailed look at the Stimulus Bill here.
About the Presenters
Tom Moul, CPA | Director, Strategic Tax Services Group
Tom specializes in customized planning that increases tax efficiency by considering the unique big-picture needs and goals of each client. Working closely with companies, Tom outlines steps to minimize taxes, identify alternatives, and understand tax implications and structure transactions.
Additionally, Tom applies his tax expertise to clients who are conducting or considering conducting international business ventures. His love of sports has given Tom an appreciation for the positive impact of coaching which he applies to his every day work by helping and encouraging others.
Jennifer leads clients through the complex world of federal, state and international taxation of corporations, partnerships and individuals. Additionally, she provides tax research, consultation, and compliance in the areas of accounting methods, international tax, multi-state taxation, tax credits, depreciation, entity selection and structure, and overall strategic tax planning and advisory services. In short, she knows a thing or two about taxes.
A tax specialist with a thing for history and the Civil War, Jennifer brings a unique perspective to her clients and with over 18 years of experience, she has seen just about every tax scenario. Her deep working knowledge of taxation has contributed to the success and profitability of clients in a diverse range of industries.
Chad Bumbaugh, CPA
Managing Director, Entrepreneurial Services Group
During his career, Chad has worked with many different types of businesses on a wide range of tax and accounting issues. Beyond the traditional compliance work, he assists clients with tax and general business consulting matters, as well as implementations of new accounting pronouncements. He particularly enjoys opportunities to strategize with clients on how to more efficiently conduct operations, improve cash flow, and minimize tax burdens. The relationship which develops when you partner with clients to identify practice solutions is one of the highlights of his position.
Kristi Weierbach, Ph.D., SPHR, SHRM-SCP
Managing Director, Workforce Advisory Services
Kristi focuses her extensive expertise on helping clients design a workforce that is not only prepared for the future, but one that leverages disruption to thrive and succeed. Weaving together a unique blend of anticipatory tools and insights with practical solutions, Kristi provides clients with an organizational architecture that empowers them for the NextGen.
Steve Snyder, CPA, CCIFP | Director, AEC Group
As Director, Steve’s concentration is on assisting clients within the architecture, engineering, construction and real estate development industries to improve internal processes and maximize profitability. Clients also benefit from his extensive experience auditing employee benefit plans ranging from 100 to 5,000 employees. In addition to his technical competence, Steve is an avid Penn State football fan and expert tailgater.