New IRS guidance takes the position that taxpayers may not deduct payroll, mortgage interest, rent or utility expenses that were paid with PPP loan proceeds. The guidance also confirms that forgiven PPP loans will not be...more
Substantial tax reform is underway and the business community is intently awaiting details of this activity with the aim of positioning themselves to maximize opportunities and minimize any costs or risks that reform may...more
9/22/2017
/ Business Taxes ,
Corporate Taxes ,
Executive Orders ,
Income Taxes ,
International Tax Issues ,
IRS ,
Multinationals ,
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Tax Rates ,
Tax Reform ,
Trump Administration ,
Undue Burden