Confused about your PPP Loan Taxes?

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Some states have rolling conformity with the Internal Revenue Code (IRC), meaning they automatically adopt Federal tax changes as they occur. However, some starts only adopt partial rolling conformity, and some only adopt static conformity to the legislation as it stood at a certain point in time.

punchfinancial.com

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Frank Mastronuzzi
Frank Mastronuzzi

Written by Frank Mastronuzzi

Founding Partner @punchfinancial, VP Business Development @GreenoughGroup, CFO, MBA, SF-Based, consummate optimist, proud zio, proud daddy of Luca, the Wheaten

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