SBDC webinar to look at PPP forgiveness, tax-related changes in federal stimulus

Posted at 9:55 PM, Jan 05, 2021
and last updated 2021-01-08 12:13:33-05

BAKERSFIELD, Calif. — Changes to the Paycheck Protection Program in the recently signed $908 billion federal stimulus package and California’s $500 million relief grant program are topics in this week’s free webinar hosted by the Small Business Development Center at CSU Bakersfield.

The webinar will be online Wednesday, from noon to 1 p.m.

Host and SBDC director, Kelly Bearden will talk about key forgiveness and tax-related changes to PPP in the new $908 billion federal stimulus. He’ll also provide updates on a variety of state and local government business assistance programs, including tips on applying to California’s $500 million COVID-19 Relief Grant funding for small businesses that opened on Dec. 30.

Bearden will be joined by Jon Schallert, a nationally recognized business expert and speaker. He will discuss opportunities for small businesses to reinvent and distinguish their business during the pandemic and to become a destination for customers in-person and on the internet.

Questions from attendees will be taken. Register online to attend.

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The filing deadline to submit 2021 tax returns or an extension to file and pay tax owed is Monday, April 18, 2022, for most taxpayers. By law, Washington, D.C., holidays impact tax deadlines for everyone in the same way federal holidays do. The due date is April 18, instead of April 15, because of the Emancipation Day holiday in the District of Columbia for everyone except taxpayers who live in Maine or Massachusetts. Taxpayers in Maine or Massachusetts have until April 19, 2022, to file their returns due to the Patriots' Day holiday in those states. Taxpayers requesting an extension will have until Monday, October 17, 2022, to file.