PPP loans have reopened: Let’s review the tax consequences The Small Business Administration (SBA) announced that the Paycheck Protection Program (PPP) reopened the week of

PPP loans have reopened: Let’s review the tax consequences The Small Business Administration (SBA) announced that the Paycheck Protection Program (PPP) reopened the week of
COVID-19 has shut down many businesses, causing widespread furloughs and layoffs. Fortunately, employers that keep workers on their payrolls are eligible for a refundable Employee
The Coronavirus Aid, Relief and Economic Security (CARES) Act made changes to excess business losses. This includes some changes that are retroactive and there may