Q&A Special: PPP Financing Updates & & The golden state ' s Tax Repercussions (Sharon Kreider & & Karen Brosi)
What's happening with second draw PPP Financings, and has The golden state entirely complied with PPP Federal Tax Obligation Regulation? Our new Q&A Special attributes Sharon Kreider and Karen Brosi describing the effects of The golden state's brand-new conformity and also PPP Car loan Updates. -The golden state is amongst the 20 states that do not have automatic consistency with Federal law. -Openly traded firms aren't allowed to take the deduction of expenditures paid with car loan proceeds