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Appropriations law addresses PPP forgiveness, tax treatment

$225.00

SKU: REAmj213. Category: .

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Abstract: The Consolidated Appropriations Act (CAA), signed into law in late December 2020, allocated additional funding for forgivable loans through the Paycheck Protection Program (PPP) — for both first-time and so-called “second-draw” borrowers who’ve been hit by the economic effects of the COVID-19 pandemic. It also includes several critical provisions related to loan forgiveness and tax treatment that should be of interest to all PPP borrowers. This article highlights the latest information.

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