Lou Vlahos, an attorney with the firm Farrell Fritz, has continuously supplied valuable information to JBV Business Valuation, my clients and to all readers of his blog. Farrell Fritz provides “Legal Updates & Commentary for Tax & Estate Planning”.
His latest is an eye opener on PPP loans and the IRS’ position on taxes. Let us know in the comments below what you thought of his blog post. Have you taken advantage of the PPP loans? Is your loan forgivable? Have you returned the money?