IRS Says ‘No’ to PPP Loan Deductions

IRS Says ‘No’ to PPP Loan Deductions

The IRS released guidance this week which definitively stated that expenses paid with Paycheck Protection Program (PPP) loan proceeds are NOT deductible.  With the end of the year coming quickly, many of our clients have either filed or are preparing to file PPP loan...
IRS Says ‘No’ to PPP Loan Deductions

Knox County Board of Health Issues Mask Mandate

On the evening of July 1, 2020, the Knox County Board of Health (“Board”) voted 7-1 to approve a new order mandating the wearing of masks in all indoor public places located in Knox County, Tennessee.  This afternoon, the Board issued the order (“Order”), effective...