truenorth2020.com - Robert W Craig, E.A. Tax Services

Description: Helping you build a successful business and a successful life

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My goal is to cut through the confusion and tell it like I see it and give you, the reader, concrete ways to take back control of your world.

Working with clients and business since 1983 as a tax preparer, planner and business consultant, and being in business in some capacity for most of my life (I grew up working my parents store), I have come to know what people want most from a business relationship. 

From what we know, when lawmakers originally passed the Paycheck Protection Program (PPP), they thought that under its provisions, you did not pay taxes on the forgiveness amount, and you also could deduct the expenses that you paid with the PPP money. Fly in the Ointment In late April, the IRS issued Notice 2020-32, which