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My question is not form specific. For California I don't knowhow to treat the expenses that are to be used to forgive PPP loan if the loan is not yet forgiven b...
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This is for California specifically and Federal generally. PPP loan on books at 12-31-2020 and not yet forgiven. Loan is $300,000. California is not going to al...
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OK Thanks, That helps me see that the interest should now be considered investment interest. He did receive payment for his partnership interest and he did not ...
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My client bought into an existing insurance partnership which subsequently was bought out by a large firm. But my client still has about a half million dollar l...
