AmericanHort Provides Latest Updates on Paycheck Protection Program

On Tuesday, Jan. 12, AmericanHort conducted a webinar with its strategic partner, national agricultural tax firm K·Coe Isom, around the most recent changes to the Paycheck Protection Program (PPP).

K·Coe Isom’s Kala Jenkins and Beth Swanson took viewers through a detailed overview of many of the changes that were part of the latest round of COVID-19 relief, to include deductibility of expenses from PPP loans, recent tax changes, as well as the new “second draw” PPP loans. K·Coe Principal Brian Kuehl also joined to give his perspective on the road ahead for tax-related issues and additional COVID-19 relief in the new Congress.

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AmericanHort members can watch the webinar in the organization’s Knowledge Center. If you’re not an AmericanHort member, now is your chance to become one, and gain access to the webinar along with other industry information.

In related news, AmericanHort recently posted a 2020 State of the Industry whitepaper that offers a comprehensive economic review of 2020 and the impact of the coronavirus on the green industry. The whitepaper analyzes topics such as consumer spending, industry sales, pricing, unemployment, political ramifications, immigration, and more. It also examines likely economic scenarios and business recommendations for 2021.

Growers can receive the 2020 State of the Industry whitepaper if they join AmericanHort for a free four-month trial membership. Learn more here.

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