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How Will States Tax Forgiven PPP Loans?

EPISODE · Jan 25, 2021 · 7 MIN

How Will States Tax Forgiven PPP Loans?

from The State Tax Show · host BakerHosts | BakerHostetler

The CARES Act created the Paycheck Protection Program. The PPP allowed businesses to secure forgivable SBA loans. Federal taxation of forgiven loans and related expenses are quite favorable - will states follow suit? Matt Hunsaker explains.Submit your Women in State Tax nominations here: [email protected]/matthunsaker

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How Will States Tax Forgiven PPP Loans?

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This episode was published on January 25, 2021.

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The CARES Act created the Paycheck Protection Program. The PPP allowed businesses to secure forgivable SBA loans. Federal taxation of forgiven loans and related expenses are quite favorable - will states follow suit? Matt Hunsaker explains.Submit...

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