The IRS released Rev. Rul. 2020-27, which holds that taxpayers should not deduct PPP funded expenses in the year the expense was paid or incurred regardless of whether the taxpayer has sought forgiveness on the loan.
The Affordable Care Act, or health care law, contains health insurance coverage and financial assistance options for individuals and families. The IRS administers the tax provisions included in the law.
New Yukon location on Garth Brooks.
At Joseph P. Norman CPA we do not offer any refund loans or similar products. We do not feel they are appropriate and the fees typically charged by preparers are exorbitant.
Check the status of your federal or state refund here.