by Barb Hendrickson | May 26, 2020 | COVID-19
The IRS has issued guidance clarifying that certain deductions aren’t allowed if a business has received a Paycheck Protection Program (PPP) loan. Specifically, an expense isn’t deductible if both: The payment of the expense results in forgiveness of a loan made under...
by Brian Hare, CPA, CGMA | Apr 6, 2020 | COVID-19
Disclaimer: The information available to us is changing rapidly & key questions remain about how to implement the Paycheck Protection Program. Although the information below is provided based on our best judgement about what we know at this time, portions could...