PPP Loans Have Reopened: Let’s Review the Tax Consequences
The Small Business Administration (SBA) announced the Paycheck Protection Program (PPP) reopened the week of January 11. If you’re fortunate to get a PPP loan to help during the COVID-19 crisis (or you received one last year), you may be wondering about the tax consequences. Background on the loans In March of 2020, the CARES […]
