No Deduction For Forgiven Paycheck Loan Expenses, IRS Says
By Eric Kroh · April 30, 2020, 8:31 PM EDT
No deduction can be taken for expenses paid with a forgiven loan under the recently passed Paycheck Protection Program, the Internal Revenue Service clarified in guidance released Thursday....
To view the full article, register now.
Try a seven day FREE Trial
Already a subscriber? Click here to login