Is My Company’s PPP Loan Considered Taxable Income

PPP Paycheck Protection Program

PPP Loan Forgiveness and Taxability (Paycheck Protection Program) While the Paycheck Protection Program (PPP) that was part of the Cares Act that was passed by Congress back in March 2020 is deemed forgivable by the federal government as long as the loan proceeds are used for qualifying costs – payroll; health insurance for paid sick, […]