Posts Tagged ‘PPP Tax’
Tax Probably Owed on Paycheck Protection Program Loan
Question: My husband and I are the owners of a real estate brokerage firm in the East Valley. In June we received a $100,000 loan from our bank under the federal government’s Paycheck Protection Program (“PPP”) for struggling businesses. We used this $100,000 loan for business expenses, including the salaries of our employees. If we…
Read More