The latest Irs launched a safe harbor for certain companies that obtained first-round Paycheck Safety System (PPP) finance however, didn't subtract all unique qualified expenditures as they made use of advice provided till the enactment of the Consolidated Appropriations Act, 2021 (CAA), P.L. 116-260, when you look at the .
In the See 2020-thirty two and you can Rev. Rul. 2020-twenty-seven (that have been obsoleted because of the Rev. Rul. 2021-2) the Irs so long as an excellent taxpayer one received a loan because of the new PPP wasn't allowed to deduct...