|COVID-19 Relief Bill
The bill includes another round of direct stimulus payments and more relief for businesses impacted by COVID-19. The bill also clarifies that expenses paid by PPP loan funds will now be tax deductible. Highlights of the bill are included in the linked articles below.
Please contact your Whitlock advisor if you have questions or wish to discuss further.
https://tinyurl.com/yddt487e COVID-19 relief bill addresses key PPP issues
https://tinyurl.com/y8w72unz A dive into the stimulus package’s tax provisions