AICPA mobilizes members to push for deductibility of PPP-funded expenses

AICPA mobilizes members to push for deductibility of PPP-funded expenses

The AICPA is asking its members to write to their senators and representatives in Congress in support of legislation that would mandate that anyone who receives a loan through the PPP can deduct business expenses even when payment of those expenses results in loan forgiveness under the CARES Act.
Source: Tax News
Read More here – AICPA mobilizes members to push for deductibility of PPP-funded expenses