As of today, congress has yet to present legislation to repair the glaring taxation burden that has arisen as a result of the Payroll Protection Program loan forgiveness. The tax code states that expense paid for from funds for which the business owner has no basis...
On August 24th, a new set of interim rules were published for the Payroll Protection Program. This biggest surprise of these rules relate to self rentals. If you own your facility that your business operates from and you normally pay yourself rent (to an LLC that...