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Home>Levelset Community>Legal Help>We applied for PPP loan, and we were told the amount of the loan forgiven would not be taxable. Is that true?

We applied for PPP loan, and we were told the amount of the loan forgiven would not be taxable. Is that true?

NevadaCoronavirus

We applied for PPP loan, and we were told the amount of the loan forgiven would not be taxable, then IRS said it would be and the Senate is now trying to overturn that ruling. Is there an update on this bill?

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