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IRS Obliterates Paycheck Protection Program Loan Tax Benefits

Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, a qualifying business that receives a Paycheck Protection Program (PPP) loan through the Small Business Administration (SBA) is generally allowed to...more

Tax Exemptions and Implications of Employee COVID-19 Hardship Payments

Employers providing support to employees during the COVID-19 pandemic can do so without triggering tax requirements in many cases — but executives seeking to return compensation to the company to aid employees should be...more

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