233: #SmallBusinessAmerica: What you need to know about the PPP and your tax bill 2020.@GeneMarks

Published: July 25, 2020, 3:33 a.m.

Image:  First Bank of the United States (https://en.wikipedia.org/wiki/First_Bank_of_the_United_States) , the country's first central bank (https://en.wikipedia.org/wiki/Central_bank) under the US Constitution (https://en.wikipedia.org/wiki/United_States_constitution) Gene Marks, The Guardian, the Philadelphia Inquirer; in re: If you got a PPP loan, talk to your accountant about taxes! The Maine lobster industry was crushed by the flu; PPP saved it, and now you can get great deals on lobsters.   Chinese are crazy for Maine lobsters.   Bailing out lemonade stands, then taxing them? Children are invited to apply for $100 loans at Countrytimebailout.com Small-business owners skipping PPP loans could be making a big mistake  https://www.inquirer.com/business/small-business/ppp-small-business-loan-deadline-approaching-august-8-20200720.html Should Accountants Be Charging for PPP Services?  https://www.accountingtoday.com/opinion/should-accountants-be-charging-for-ppp-services Thanks to the PPP, small business owners could face a huge tax bill this year   https://thehill.com/opinion/finance/508546-thanks-to-the-ppp-small-business-owners-could-face-a-huge-tax-bill-this-year PPP loans helped buoy Maine’s lobster industry through the spring  https://www.seafoodsource.com/news/business-finance/ppp-loans-helped-buoy-maine-s-lobster-industry-through-the-spring Tiny ‘stimulus checks’ for tiny CEOs of lemonade stands are now a thing https://www.fastcompany.com/90527911/tiny-stimulus-checks-for-tiny-ceos-of-lemonade-stands-are-now-a-thing