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Updated PPP Forgiveness Training Guidance and Amended Return Opportunity

Updated PPP Forgiveness Training Guidance and Amended Return Opportunity

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December 2021

Recently, the IRS issued some revenue procedures that provide guidance to the timing of the tax-exempt income from the PPP loan forgiveness program and some grant proceeds, as well as subsidized payment for fees, interest and principal. Let's take a look at all three of these new revenue procedures and how they'll impact your business.

 View the full article here.