Are Expenses Paid with Paycheck Protection Program Loans Tax-Deductible?


This tax season, many business owners are wondering whether expenses paid using funds from their Paycheck Protection Program (PPP) loans are tax-deductible.

 Join Senior Accountant Sanika Gore of Chugh, CPAs, LLP to find out how tax deduction works for this category of expenses.

Need help getting your PPP loan forgiven? Interested in other COVID-19 financial relief available to your business? Contact your trusted Chugh CPAs, LLP professional for further assistance.

Latest Posts

Categories

  • Tax
  • Tax Planning
  • Employer Taxes: Withholding Compliance
  • Audits & Assurances
  • Agreed Upon Procedure Reports
  • Accounting
  • Accurate Accounting
  • General Accounting Services
  • Customized Accounting Services
  • Employee Benefit Plan Audits
  • Consulting
  • Financial Statement Audits
  • Internal Control Evaluation Ssae 16 Report
  • Reviews And Compilations
  • Cash Flow And Profit Analysis
  • Banking And Finance
  • Choice Of Entity And Start Up Business Services
  • Cost Segregation

© 2024 Chugh LLP Affiliate Network. All Rights Reserved