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IRS Provides Safe Harbor for 2020 Expenses Paid with PPP Loans

Apr 26, 2021

The IRS has created a safe harbor for small businesses that received first-round Paycheck Protection Program (PPP) loans but did not deduct certain expenses because they relied on guidance issued before the enactment of the Consolidated Appropriations Act, 2021, in December 2020. (Read More)

Article By: Stephen Miller, CEBS SHRM

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