CARES Act Webinar Series:

IRS FAQ's for Deferral of Employment Tax

How is your business doing? Have you been able to access and maximize funds available through the CARES Act?

In this 4-week webinar series lead by Chris Wycoco you'll learn how to access CARES Act Tax Credits for your business, and increase your access to cash.

WEBINARS

November 03: IRS FAQ's for Deferral of Employment Tax This webinar is a how-to guide on deferring the deposit and payment of the employer's share of Social Security taxes and of certain self-employment taxes. These FAQs address specific issues related to the deferral of deposit and payment of these employment taxes.

November 10: Employee Retention Vs. Family First Tax Credit This webinar provides businesses information with tax credits to cover certain costs of providing employees with required paid sick leave and expanded family and medical leave for reasons related to COVID-19, from April 1, 2020, through December 31, 2020. Eligible Employers may claim tax credits for qualified leave wages paid to employees on leave due to paid sick leave or expanded family and medical leave for reasons related to COVID-19 for leave.

November 17: Taxation of Forgiveness of Paycheck Protection Program Loans This webinar will cover the tax treatment of your PPP. As of October 08, there are still open questions, and we expect the SBA to issue additional regulations and guidance to further assist borrowers as they complete their applications, and to provide lenders with guidance on their responsibilities.

November 24 : How to Turn Your Business Losses to Tax Refund This final webinar will cover the new rules for NOL carrybacks under Section2303 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), revised the provisions of the Tax Cuts and Jobs Act (TCJA), section 13302, for tax years 2018, 2019, and 2020.

ABOUT THE INSTRUCTOR

Christopher Wycoco is an IRS Certified Acceptance Agent and awarded as 2018 SBA Minority Business of the Year in Texas.

He received commendation from the US Senate, and Special Congressional Recognition because of his company. He founded WYCOTAX, LLC an outsourced business tax, payroll and bookkeeping service solution that provides services both to American and Hispanic entrepreneurs.

His company has team of tax professionals, bookkeepers and payroll experts who have more than 30 years of combined experience on dealing with business taxes from city to IRS level.

You will receive a password protected link to the class with your registration confirmation. Please do not share the link. You need to register for each of the 4 sessions individually. This is a 4 part series.

Please direct questions to workshop@svscore.org