United States: Additional IRS Guidance On Business Expenses Funded By Paycheck Protection Program Loans - Lewis Rice

Mondaq

25 Nov 2020 0 shares 1 views

United States: Additional IRS Guidance On Business Expenses Funded By Paycheck Protection Program Loans - Lewis Rice

Mondaq

Published 25 Nov 2020

Earlier this year, the IRS released Notice 2020-32, which clarified that borrowers may not deduct business expenses funded with Paycheck Protection Program (PPP) loan proceeds if (1) the...

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United States: Additional IRS Guidance On Business Expenses Funded By Paycheck Protection Program Loans - Lewis Rice

United States: Additional IRS Guidance On Business Expenses Funded By Paycheck Protection Program Loans - Lewis Rice

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