Paycheck Protection Program (PPP) Archives

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A tax update on expenses funded with PPP loans

December 8, 2020 by Abhi Parikh, CPA, MST

The Paycheck Protection Program (PPP) is a federally guaranteed Small Business Administration loan program that was created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, P.L. 116-136, which became law on March 27, 2020. As of this writing, lawmakers are considering the … [Read more...]

Filed Under: Paycheck Protection Program (PPP), Tax Law And Changes

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