Kent L. Schwarz, Esq.- As you are probably aware, the Payroll Protection Program (“PPP” ) implemented as part of the Cares Act allows PPP loans to be forgiven to the extent the proceeds are used for certain designated expenses, such as payroll costs, rent, utilities and mortgage interest. Section 1106(i) of the Cares Act provides that any amount of the loan that is forgiven under the Act, shall be excluded from gross income for federal income tax purposes. The Cares Act is silent on whether the expenses giving rise to the loan forgiveness are deductible. Read more
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See AllWEBINAR: TUESDAY, MARCH 16, 2021 1:00 PM - 2:15 PM EDT Our team of industry veterans take a look back at the unprecedented issues faced by the Trucking & Logistics industry in 2020, and how effective
Written by: Christopher M. Leddy, Esq. As staffing firms are familiar with by now, as a condition of entering the workplace, staffing firms and their clients may require COVID-19 testing of employees
Panelists: Becker LLC – Martin Borosko, Esq. Staffing Practice Leader & Chris Leddy, Esq. Partner Citrin Cooperman – BJ Hoffman, CPA and Michael Zyborowicz, CPA & Staffing Practice Leaders View Reco