For Existing PPP Borrowers, Stimulus Bill Expands Forgivable Uses And Eases Tax Consequences

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

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