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To read the text version of this podcast click here —> Text Version

UPDATE: Expenses paid with forgiven PPP loans ARE deductible. The IRS has reversed a prior ruling. 

This is great news.

This makes invalid the podcast below. 

Questions? Concerns? Call me on (732) 673-0510.

IMPORTANT NOTE: If you are a sole proprietor, filing a Schedule C, with no payroll, and only a home office, then this podcast does NOT apply to you and your net income will not be impacted if your PPP is forgiven.

Click the video below to listen to this episode of The Street Level Business Podcast with Chris Whalen, CPA where he discusses:

THIS PODCAST INFORMATION HAS BEEN SUPERSEDED. DO NOT WATCH.

Expenses Paid With Forgiven PPP Loans Are Not Deductible (YET)

Click here to request a consultation or ask me a question.

Please reach out to me without hesitation with any tax, business or accounting question, and to schedule a consultation.

Tax Laws are complex.

It is very easy to make mistakes that can incur penalties.

Do you have a Tax, Accounting or Business Question?

Call Me Immediately. (732) 673-0510.

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ignoring your Phone Calls and Emails?

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Remember,

“If We Aren’t Working For You, Then You Aren’t Working At Your Best”

Chris Whalen, CPA
(732) 673-0510
81 Oak Hill Road
Red Bank, NJ 07701
www.chriswhalencpa.com

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