The IRS has announced that lenders who make Paycheck Protection Program (PPP) loans that are later forgiven under the Coronavirus Aid, Relief, and Economic Security Act (CARES […]
The IRS has updated a number of COVID-19 related Frequently Asked Questions (FAQs). Background The Families First Coronavirus Response Act requires certain employers to provide paid […]
Expenses Paid With Forgiven PPP Loans Are Deductible On December 21, 2020, Congress passed the Consolidated Appropriations Act, 2021, which was signed into law on December […]