One of the principal benefits of the Paycheck Protection Program (“PPP”) is that the principal and interest from any loan forgiven is not includable in a taxpayer’s gross income. In what has developed ...
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How to Get PPP Loan Forgiveness
The Paycheck Protection Program (PPP) provided much-needed relief to businesses of all sizes in 2020 and 2021. First-draw PPP loans were available for up to $10 million, and second-draw loans for up ...
As the second round of the federal Paycheck Protection Program (PPP) gets underway, there's growing concern among small businesses that the forgiveness clause tied to the initial loan agreement may ...
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