National accounting firm Withum shares information to help you understand the tax implications of the recent Internal Revenue Service (IRS) ruling addressing the proper treatment of improperly forgiven paycheck protection program (PPP) loans. The IRS ruled that the PPP loan forgiveness amount is not tax-free, even if the Small Business Administration (SBA) and the lender granted the borrower full loan forgiveness, if the taxpayer did not satisfy the factual requirements for loan forgiveness.
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Looking for the latest from @Team_Penta and Morris Group International? Find it in MCAA’s Virtual Trade Show! >> https://ow.ly/mW6350UqcmB
Using the @MilwaukeeTool line of wet/dry vacuum solutions helps Pan Pacific Mechanical better keep its workspaces clean, which enhances productivity.
Learn more: https://www.mcaa.org/smart_sol_article/maximizing-productivity-with-cordless/
Looking for the latest from Ridge Tool Company and @MillerWelders? Find it in MCAA’s Virtual Trade Show! >> https://ow.ly/OZz050UnIEH
Since adopting @ServiceTrade, Hurst Mechanical experienced 25 percent growth in a single year. Hurst also increased its preventive maintenance (PM) volume by 20 percent.
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