sjrcpa
Level 15

@Intuit Austin- you posted https://proconnect.intuit.com/community/proseries-tax-news-updates/discussion/new-covid-19-relief-pa...

I assume you did not write it.

It contains an error regarding the new round of PPP loans. The reduction in income is 25%, not 30%. Direct the PTB to page 2065 of the Bill. (30% was 2 or 3 days ago)

Also, I don't see the 150 employee limit for 501(c)(6) orgs, but maybe I missed that.

This is a good reason to allow replies on these "Intuit" posts.


The more I know the more I don’t know.