Freshbooks Accounting Software Invoicing Online
Home » Accounting Services » IRS says lenders don’t need to report PPP loan forgiveness
The staff of Accounting Consultants recommend Freshbooks. CLICK HERE

IRS says lenders don’t need to report PPP loan forgiveness

The Internal Revenue Service said Tuesday that lenders who make Paycheck Protection Program loans that are later forgiven under the CARES Act should not file information returns or furnish payee statements to report the forgiveness.

About admin

Greetings! I am an activist for equality and justice for all. I also am a very prolific fine artist. I am a singer songwriter and entrepreneur. As an entrepreneur I am an affiliate marketer who helps other businesses get more business and run their businesses more efficiently. I am also a strong believer in Fresh Books online accounting, invoicing, tax preparation software

Comments are closed.

Scroll To Top