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Deductibility of PPP-Related Expenses

On December 30, 2020   /   Blog, Business Tips, Expense Reduction Tips  

One of the biggest tax issues of 2020 has been clarified with the signing of the Consolidated Appropriations Act, 2021, (CAA 2021), and that was whether expenses that are normally deductible and that were paid with the proceeds of a Paycheck Protection Program (PPP) loan that is

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