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PPP Loan-Funded Expenses Nondeductible If Borrower Has “Reasonable Expectation” Loan Will Be Forgiven

cares acts paycheck protection program

By: C. Brian Wainwright, James T. Chudy, Pillsbury Winthrop Shaw Pittman LLP The Paycheck Protection Program (PPP), created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, provides for loans to individuals and businesses with the unique feature that the loans could be forgiven, under certain circumstances, to the extent that advanced funds were…

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WCMU Teams with Newspaper to Present Virtual Town Hall

WCMU

On November 17, WCMU Public Media (Mt. Pleasant) will team with the Midland Daily News to present a town hall with Midland County’s top health officials as our guests to discuss the COVID-19 pandemic. Fred Yanoski, director/health officer for Midland County Department of Public Heath, and Dr. Catherine Bodnar, medical director for Midland County Department…

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