For Existing PPP Borrowers, Stimulus Bill Expands Forgivable Uses And Eases Tax Consequences
By EsqSocial Corporation 29/12/20
The $900 billion Consolidated Appropriations Act of 2021 (the Act) modifies the Paycheck Protection Program (PPP) in a variety of business-friendly ways likely to benefit both existing PPP borrowers and businesses that receive a second PPP Loan. Specifically, the Act includes the following noteworthy changes:.....
By: Fox Rothschild LLP