Posts Tagged ‘Paycheck Protection Program’
Pandemic. Pivot. Profit.
Sanquinetta Dover, a South Carolina native, received her undergraduate degree from Spelman College in economics. One of her first positions after graduation was in New York City. Ms. Dover began working as a Federal Deposit Insurance Corporation (FDIC) bank liquidator. She noted that she quickly climbed the rankings in her group, travelling around the country…
Read MoreIRS Clarifies Tax Implications of PPP Funds
Our friends over at Aprio shared important information: IRS Clarifies Tax Implications of PPP Funds On November 18, 2020, the Internal Revenue Service (IRS) issued Revenue Ruling 2020-27 (Ruling) which provides needed clarity on a taxpayers’ ability to deduct eligible expenses for Paycheck Protection Program (PPP) loan forgiveness. Take a moment to read this article by Justin…
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