IRS provides official guidance on employee retention credit and PPP loans
Business Management Daily
MARCH 19, 2021
The guidance, which incorporates those FAQs, also fills in crucial details on certain aspects of the employee retention credit, including its interaction with loans under the Paycheck Protection Program. Like the FAQs, the IRS presents its guidance in question and answer form. The IRS has now fixed this glitch in a new notice.
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