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Article Tag: PPP

WISCONSIN WILL NOT TAX PPP

Yesterday, Governor Evers signed a bill that would allow the Wisconsin Department of Revenue to follow IRS ruling that allow for the exemption of forgiven PPP loans from taxation.

Article Tag: PPP

UPDATE: PPP2 and Partnership Income

We have noted that in some 2nd round Paycheck Protection Program (PPP2) applications for partnerships filers, are needing to be updated due to the self-employment calculation for the partners amount to be used in the payroll calculation.

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