After months of delay, Congress finally approved a $900 billion economic stimulus package on December 21, 2020, signed into law on December 27, 2020. The COVID-19 relief package was tied into a separate $1.4 trillion resolution to fund the government through fall 2021 and is known as the Consolidated Appropriations Act of 2021.

Many doctors are anxious to know the rules and regulations issued for these COVID-19 related loans, grants, and tax savings benefits—some of which are still in flux. This webcast covers the key provisions that will impact you and your practice the most.

John McGill, CPA, MBA, JD, Editor of The McGill Advisory newsletter, and Wes Lyon, CPA, CFP^®, advisor with John K. McGill & Company, provide the updates, explanations, and answers to your most frequently asked questions surrounding this new economic stimulus package. (If you were one of the 60+ doctors who submitted questions in advance, thank you!)

This webcast was recorded on January 12, 2021

John K. McGill

CPA, MBA, JD

John is a nationally prominent tax attorney and CPA who has specialized in dealing exclusively with the dental profession for more than 30 years. He is President of John K. McGill & Company, Inc., Editor of The McGill Advisory newsletter and shareholder in the law firm of McGill and Hassan, P.A. He graduated with honors from Erskine College and holds both a Master of Business Administration and law degree from the University of North Carolina at Chapel Hill. He formerly worked with the Office of Chief Counsel, the legal branch of the Internal Revenue Service, in Washington, DC. He is a member of the American Bar Association and the American Institute of Certified Public Accountants.

Wesley W. Lyon, II

CPA, CFP®

Wes is President and CEO of McGill and Lyon Dental Advisors, specializing in helping dentists and specialists nationwide. He's is a graduate of Virginia Tech and holds degrees in both accounting and finance. He has obtained his Certified Public Accountant Certificate as well as his Certified Financial Planner™ certificate. Prior to joining the group, Mr. Lyon worked for a global asset management firm. Before relocating to Charlotte, he served as a financial planner and business advisor to high net-worth individuals in the Washington, D.C. metro area.