OldCPA
Level 3
03-24-2022
06:47 PM
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CA Small Bus Covid-19 Relief Grant are taxable for federal and expenses are deductible. CA does not tax the relief grant but does anyone have any information about whether or not CA allows a deduction for the expenses paid with the grant funds?
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Strongsilence-C PA
Level 10
03-25-2022
08:02 AM
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www.caltax.com has answers for California issues. Spidell are the CA tax experts.
OldCPA
Level 3
03-25-2022
08:51 AM
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Yes Strongsilence-CPA, thank you, I already posted there and on another site but hadn't heard anything, others are asking as wells so I thought I'd try here also.