Businesses get $100B tax write-off windfall in aid bill

Small business owners who got Paycheck Protection Program loans could qualify for big write-offs from their rescue money, amounting to what Treasury Secretary Steven Mnuchin has called a tax-break “double dip.”

Original Article Posted at : https://www.accountingtoday.com/articles/businesses-get-100b-tax-write-off-windfall-in-aid-bill