The approaching tax season is raising fresh questions for business owners who received a loan through the Paycheck Protection Program. Can you deduct expenses paid with your loan funds? Do you need to do anything differently this year? And if your loan is forgiven, is it considered taxable income? Answers to these questions have been…

<p class="nw-originally-posted-link">The article Breaking Down the Tax Implications of PPP Loans originally appeared on NerdWallet.</p><span data-post-id="949532"></span><img height="1" width="1" src="" data-has-syndication-rights="1" />

I would really love you to Leave a Reply and let me know what other content you would like from me. Thank You!

This site uses Akismet to reduce spam. Learn how your comment data is processed.