Eligible Paycheck Protection Program Expenses are Now Tax Deductible

The Treasury Department and the IRS issued guidance allowing deductions for the payments of eligible expenses when such payments would result (or be expected to result) in the forgiveness of a loan (covered loan) under the Paycheck Protection Program (PPP). Revenue

PPP Loan Forgiveness Assistance

The Paycheck Protection Program (PPP) has been a critical lifeline for businesses across the country. However, even if your PPP loan will be forgiven, there is no free lunch. The forgiveness application process is complex, with exacting requirements that are difficult to navigate. The Small Business Administration (SBA) requires that every penny of your loan

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