IRS guidance says no deduction is allowed for business expenses paid with forgiven PPP loans [December 31, 2020] /

IRS guidance says no deduction is allowed for business expenses paid with forgiven PPP loans [December 31, 2020] /

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Bibliographic Details
Main Authors: Lowry, Sean (Author), Gravelle, Jane (Author)
Format: Electronic eBook
Language:English
Published: [Washington, District of Columbia] : Congressional Research Service, [2020]
Series:Insight (Library of Congress. Congressional Research Service) ; IN11378.
U.S. Congressional documents.
COVID-19: pandemics past and present.
Subjects:
United States. > Paycheck Protection Program Flexibility Act of 2020.
Income tax deductions for expenses > United States.
Business enterprises > Taxation > United States.
Small business > Taxation > United States.
Legislative materials.
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