[{"articleAbstract":"The IRS issued guidance for taxpayers who pay otherwise deductible expenses with PPP loan funds, stating that even if the payment and PPP loan forgiveness happen in different tax years, the expenses are not deductible.","articleTitle":"IRS doubles down on nondeductibility of PPP-funded expenses","featureImage":{"imageTagAttributes":{"src":"/etc/designs/default/resources/0.gif","alt":"","title":"","class":"cq-image-placeholder"}},"page":{"path":"/news/2020/nov/ppp-loan-forgiveness-irs-safe-harbor"},"sortDate":"2020-11-19T17:56:31.000-05:00"},{"articleAbstract":"The IRS announced that it would begin allowing all individual taxpayers to opt in to receive an identity protection personal identification number (IP PIN), beginning in mid-January 2021.","articleTitle":"IP PINs to be available to all individuals in 2021","featureImage":{"imageTagAttributes":{"src":"/etc/designs/default/resources/0.gif","alt":"","title":"","class":"cq-image-placeholder"}},"page":{"path":"/news/2020/dec/irs-opt-in-ip-pin-available-to-all-individuals-2021"},"sortDate":"2020-12-02T15:48:00.000-05:00"},{"articleAbstract":"Two experts look at the issue of the deductibility of expenses paid with PPP loan funds and conclude that they should be deductible.","articleTitle":"Expenses used for PPP loan forgiveness: Deductible or not?","featureImage":{"imageTagAttributes":{"src":"/etc/designs/default/resources/0.gif","alt":"","title":"","class":"cq-image-placeholder"}},"page":{"path":"/news/2020/dec/expenses-used-for-ppp-loan-forgiveness-deductible-or-not"},"sortDate":"2020-12-03T10:13:00.000-05:00"},{"articleAbstract":"Fears of a late-October PPP surprise came to the SBA’s attention because the program’s loan forgiveness application forms display an expiration date of “10/31/2020” in the upper-right corner.","articleTitle":"SBA settles confusion over PPP forgiveness application due date","featureImage":{"imageTagAttributes":{"src":"/etc/designs/default/resources/0.gif","alt":"","title":"","class":"cq-image-placeholder"}},"page":{"path":"/news/2020/oct/ppp-forgiveness-applications-not-due-oct-31-2020"},"sortDate":"2020-10-13T16:00:00.000-04:00"},{"articleAbstract":"The AICPA is among 80 organizations that have signed a pair of letters to SBA, Treasury and congressional leaders calling on the agencies to temporarily suspend use of the new Paycheck Protection Program Loan Necessity Questionnaires.","articleTitle":"Letters signed by AICPA raise concerns about PPP Loan Necessity Questionnaires","featureImage":{"imageTagAttributes":{"src":"/etc/designs/default/resources/0.gif","alt":"","title":"","class":"cq-image-placeholder"}},"page":{"path":"/news/2020/nov/aicpa-signed-letters-raise-concerns-ppp-loan-necessity-questionnaires"},"sortDate":"2020-11-18T19:50:00.000-05:00"}]