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Coronavirus: Personal Finance

Small mom-and-pop businesses that took PPP loans may face a surprise tax bomb

On December 29, 2020 by Xoonews.com

Letizia Le Fur | ONOKY | Getty Images While the federal Covid relief bill addresses a key concern for small businesses with forgivable loans, these firms could still face a tax hit — this time on their state returns. In addition to pledging stimulus checks...




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