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PPP expense deductibility and forgiveness raises basis, other issues The deduction for expenses paid or incurred from PPP proceeds may be limited due to inadequate tax basis or amounts at risk. If the PPP loan is not ...
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Pending COVID Relief Bill Allows Deduction for Expenses Associated with Forgiven PPP Loans Treasury's view was that if the government is in essence paying the expense (through a loan that does not have to be repaid), the taxpayer does not bear ...
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Home office tax deduction could fall short of your real expenses That means 2021 is going to be a crazy tax year for workers who have had to incur expenses otherwise left to their employers. In an effort to head off ...
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AICPA tax policy and advocacy recommendations deliver results in 2020 PPP expense deductibility was included in the $900 billion COVID-19 relief bill passed on Dec. 21, 2020, although it's uncertain whether President ...
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Waller County holds last regular commissioners court meeting of 2020 Approved expenditures of about $191,000 for construction expenses associated with the new justice center. Approved an abatement agreement with ...
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Waller County holds last regular commissioners court meeting of 2020 Approved expenditures of about $191,000 for construction expenses associated with the new justice center. Approved an abatement agreement with the ...
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Park Rapids school levy to increase by 0.14 percent The general fund budget for 2020-21 projects $21,159,750 in revenues and $21,421,857 in expenses. The total budgeted for all funds is $25,137,125 ...
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Chhattisgarh govt to bear education expenses of kids whose parents were murdered "Education expenses of four children will be borne by the state government and also Rs 1 lakh will be deposited as FD in the name of each child," ...
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6 Tips To Make Your 2021 Budget Assume that regular expenses such as groceries, utilities, and gasoline will continue to rise. Currently, a 2.1% rise will account for inflation in most daily ...
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Here's what happens if Trump doesn't sign the $900 billion relief package Congress provided $150 billion to state and local governments to help them cover coronavirus-related expenses. But states have to use those funds ...
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Sneaky expenses that could keep you from saving more money Saving big on a small budget is possible. The key is to cut back on little expenses that you may not realize are draining your wallet. PennyGem's ...
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