The government has said special COVID funding is not income. The IRS, on the other hand, has come up with their own way of collecting against PPP, HHS, and EIDL loans and grants. On this video clip, Ryan Isaac and dental-specific CPA Morgan Hamon discuss why the government deal was not quite as good as you may think.
Listen to the full episode “How Will the Economics of 2020 Affect Your Taxes?”