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COVID-19: Tax Implications of Paycheck Protection Loan Forgiveness

Recent legislation under the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) modifies several tax provisions in the Internal Revenue Code (the Code) to provide relief to businesses and individuals from the...more

COVID-19: UPDATED Nonprofit FAQ for CARES Act Paycheck Protection Program

Although nonprofit organizations have not traditionally been eligible for financial assistance from the Small Business Administration (“SBA”), the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) expressly...more

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