PPP borrowers get the tax break the IRS tried to cancel

To the relief of millions of small business owners, the new stimulus package includes a PPP (Paycheck Protection Program) tax break that Congress meant to include in the CARES Act but didn’t. Legislators of both parties love it. Treasury Secretary Steven Mnuchin doesn’t like it at all. A coalition of some 500 national, regional, and state trade associations had urged Congress to include the…
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