Will the PPP funds be taxable, and new net-operating-losses rules?
Eva Rosenberg joins Jim Blasingame to report that when the PPP loan is forgiven, it will not become a taxable item for small businesses, plus new net-operating-loss rules that could allow you to look back five years with amended returns.
More interviews with Eva Rosenberg
Beware the remote worker taxation wars between states
The new filing deadline and new extension strategies to consider
IRS and state tax rules may differ for unemployment benefits and credits
PPP forgiveness taxation may not be the same for federal and your state
You have extra federal tax filing and paying time, but check your state