PPP quiz: 5 frequently asked questions

By Kari Hipsak, CPA, CGMA, and Jeff Drew

March 25, 2021

Please note: This item is from our archives and was published in 2021. It is provided for historical reference. The content may be out of date and links may no longer function.

FROM THIS MONTH'S ISSUE

Corporation’s officer held personally liable for its taxes

A corporate officer who facilitated an insolvent company’s transfer of assets to private creditors while knowing of an outstanding federal tax debt was held personally liable for the taxes owed.

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PPP quiz: 5 frequently asked questions

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Corporation’s officer held personally liable for its taxes

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