taxes

Industry News

Are Proceeds from Paycheck Protection Program (PPP) Loans Taxable?

Loan proceeds from Paycheck Protection Program (PPP) Loans granted under the Coronavirus Aid, Relief, and Economic Security (CARES) Act are not taxable as income. However, expenses paid from PPP loan proceeds […]

2-min read

Posts 1 of 1

ABA logo

Tell Us What You Think!

Have a question? Ideas for new content? ABA wants your thoughts on this new resource and how it can better serve our members.

Send Feedback

© 2024