PayCheck Protection Loans: Are Expenses funded by "Forgiveable" PPP Loans Deductible or Not? If so, when?
Guest Expert: Bradley Burnett, Bradley Burnett Tax Seminars, Ltd.
Date:
Webinar Replay Description
The IRS has recently rambunctiously launched Rev. Rul. 2020-27 and Rev. Proc. 2020-51 to dissuade taxpayers from deducting expenses funded by a forgiven PPP loan.
media:remote_video:23dcfbd2-e5f0-4c33-a189-e3411130ac94
