--- title: COVID-19 Business Webinar | description: Access webinars on the CARES Act provisions, including SBA loans and the Paycheck Protection Program - Keiter CPA - Virginia Business Tax Services. ---   [![Keiter CPA - Virginia Accounting Firm](https://info.keitercpa.com/hs-fs/hubfs/Keiter_May2017/Images/logo-keiter.png?width=198&name=logo-keiter.png "Keiter CPA - Virginia Accounting Firm")](https://keitercpa.com/) - [Home](https://info.keitercpa.com/webinar-materials#) -  | [Client Login](https://info.keitercpa.com/webinar-materials#) -  | [Secure File Transfer](https://info.keitercpa.com/webinar-materials#) - ** # Keiter COVID-19 Business Impact Series Webinar Materials ### PPP Funding 2.0: What Small Businesses Need to Know [Watch Recording on our Blog Here](https://keitercpa.com/blog/ppp-funding-what-small-businesses-need-know/) [Download Powerpoint Presentation Here](https://info.keitercpa.com/hubfs/COVID%20Relief%202.0%20Webinar%2012.30.20.pdf) ## About your presenter [Scott Zickefoose, CPA, CM&AA](https://keitercpa.com/people/scott-zickefoose/) ### State Tax Issues Due to the COVID-19 Pandemic [View video via YouTube Here](https://www.youtube.com/watch?v=-sAtj2cazIQ&feature=youtu.be) [Download Powerpoint Presentation Here](https://info.keitercpa.com/hubfs/SALT%20summer%20webinar%20COVID-19_6.9.2020.pdf) ## About your presenters [Terry Barrett, CPA](https://keitercpa.com/people/terry-barrett-cpa/) [Kay Gotshall, CPA](https://keitercpa.com/people/kay-f-gotshall/)   ### Paycheck Protection Program Loan Forgiveness Application Update [View video via YouTube Here](https://www.youtube.com/watch?v=LFrMreItfRE&feature=youtu.be) [Download Powerpoint Presentation Here](https://info.keitercpa.com/hubfs/CARES%20Act%20Forgiveness%20Slides_5-19%20(002).pdf) ## About your presenters [Matthew L. Austin](https://keiteradvisors.com/staff/matthew-l-austin) [Scott Zickefoose, CPA, CM&AA](https://keitercpa.com/people/scott-zickefoose/)   ### Preventing and Detecting Cyber Intrusions in a Remote Work Environment  [View video via YouTube Here](https://youtu.be/80VYXoNn7_8) [Download Powerpoint Presentation Here](https://info.keitercpa.com/hubfs/Remote%20Work%20Security%205.18.pdf) ## About your presenters [Chris Moschella, CPA, CISA](https://keitercpa.com/people/christopher-moschella-cpa-cisa/) ### The CARES Act - Individual and Business [View video via YouTube Here](https://www.youtube.com/watch?v=6_ZX2gLIB6Y) [Download Powerpoint Presentation Here](https://info.keitercpa.com/hubfs/Individual%20and%20Business%20Tax%20Provisions%20Contained%20in%20the%20CARES%20Act.pdf) ## About your presenters [Gary G. Wallace, CPA](https://keitercpa.com/people/gary-g-wallace/) [Mike Gracik, CPA](https://keitercpa.com/people/michael-gracik-jr/)   ### Employer Payroll and Tax Relief Provisions of FFCRA and CARES Act [View video via YouTube Here](https://www.youtube.com/watch?v=xJeoDrcKFLc) [Download Powerpoint Presentation Here](https://info.keitercpa.com/hubfs/External%20Payroll%20Webinar_040320.pdf) ## About your presenters [Marian Kiernan, CPA](https://keitercpa.com/people/marian-kiernan-cpa/) [Jim Chinn, CPA](https://keitercpa.com/people/jim-chinn-cpa/) ### CARES Act – Understanding the SBA Loan and Financing Provisions [View video via YouTube Here](https://www.youtube.com/watch?v=_IOsgGfMdm4) [Download PowerPoint Presentation Here](https://info.keitercpa.com/hubfs/CARES%20Act_Payroll%20Protection%20Plan.pdf) ***UPDATE 4/2/20*** Alert…new SBA guidance has just been released.  Three main points to consider: **Change in Interest Rate** ** **The interest rate on the loan is now 1% vs the 0.5% from yesterday… which is down 4% from the CARES Act. **Change NOT to include Independent Contractor payments in the loan calculation** Based on the excerpt below released this evening – a business **cannot** use independent contractors in its calculation of payroll costs for purposes of the loan calculation. ![alert photo](https://info.keitercpa.com/hs-fs/hubfs/alert%20photo.jpg?width=647&name=alert%20photo.jpg) This guidance is in direct contrast to the CARES Act which created the loan. If you included independent contractors in your payroll calculation for purposes of determining the loan amount… you should update the calculation. - If you have not already filed for the SBA loan – remove the contractor pay from the calculation. - If you have filed, retract your application and update accordingly. - If you are unable to retract your current application – reach out to your banker to have them modify. Caution:  Do not submit duplicate applications or you will delay processing. ** ****Change for the loan forgiveness calculation** ** **In order to qualify for loan forgiveness, wages paid during the 8 week period following receipt of the loan now have to be no less than 75% of the loan forgiveness.  If you have any questions, please do not hesitate to contact your Keiter advisor.   About your presenters [Matthew L. Austin](https://keiteradvisors.com/staff/matthew-l-austin) [Scott Zickefoose, CPA, CM&AA](https://keitercpa.com/people/scott-zickefoose/)     **Disclaimer:  **These presentations have been prepared for general guidance and informational purposes only **based on the date published. The FFCRA and CARES Act are continually releasing new guidance that may change the information provided within this presentation.** This information does not constitute professional advice. You should not act upon the information contained herein without obtaining specific professional advice.  No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained herein. **© 2020 Keiter, All Rights Reserved** #### About Us Keiter CPAs Keiter has been providing businesses in Virginia and throughout the country with expert advice and counsel since 1978. Keiter is currently the largest independent certified public accounting firm in Richmond and the 12th largest CPA firm in Virginia. #### Contact Us 804.747.0000 or 804.273.6200 (phone) 804.747.3632 (fax) [Information@keitercpa.com](mailto:information@keitercpa.com) Innsbrook Corporate Center 4401 Dominion Boulevard Glen Allen VA, 23060 Accounting | Tax | Audit – Keiter CPAs is a certified public accounting firm serving the audit, tax, accounting and consulting needs of businesses and their owners located in Virginia and across the United States. We focus on serving emerging growth businesses and companies in the financial services, construction, real estate, manufacturing, retail & distribution industries and nonprofits. We also provide business valuations and forensic accounting services, family office services, and international corporate tax. © 2021 Keiter, All Rights Reserved, [Legal Policy](https://keitercpa.com/about-us/legal-policy/) [Back to top](https://info.keitercpa.com/webinar-materials#)