SBA releases procedural guidance for PPP loans in M&A transactions
SBA procedural guidance provides answers on how to navigate PPP loan changes in ownership; deals can now move forward with certainty.
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IRS issues final regulations on meals and entertainment deductions
The final regulations issued by the IRS provide guidance for meal and entertainment deductions under section 274.
IRS extends time to make 163(j) real property business elections
Provides more time to elect out of 163(j) interest deduction limitation for taxpayers with certain real property or farming businesses.