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="https://www.nerdwallet.com/blog/wp-content/themes/nerdwallet/assets/tracking/nw-pixel-v1.gif?post_id=949532" data-has-syndication-rights="1" />

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