Tax Deductions Tied to Forgiven Small Business Loans Draw Support

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The IRS said last week that small businesses couldn’t get tax-free loan forgiveness and tax deductions. Congress may reverse that ruling.

Top lawmakers in both parties asked the Internal Revenue Service Tuesday to reverse a ruling that would deny those deductions.

And senior senators backed legislation that would overturn the IRS ruling if the agency doesn’t change its position, though how quickly such a bill could move through Congress is far from...

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Then profits are still not high, so they target this African American impoverished neighborhood by the Pharmaceutical companies sending a defective birth control method and then they are pregnant and are referred for an abortion. They do this more out of country.

Let say there is a poor neighborhood predominately African American and large corporations want to lift planned parenthood profits. All inquiries would be mostly directed to planned parenthood. Then they take these lower educated females and give them birth control.

We can thank the US President Trump and his Administration for lifting these discriminatory blocks by large corporations via internet.

Yes they can. Just so you know, large corporations in the past could profile your internet searches and also suppress important information from internet searches. This was google, bing, yahoo, and Microsoft. This ranged from job searches according to neighborhoods, ect.

Well, well. These crooks can give loan forgiveness to businesses, but not student loans. Disgusting

That makes no sense. You get tax expense deduction, or tax-free, but not both.

Two years after the trip, Clinton signed into law a bill granting China permanent normal trade relations (PNTR) with the US, effectively backing Beijing’s bid to join the World Trade Organization, which became a reality on December 11, 2001.The dawn of U.S. moving off shore.

Plz make it less than 800 pages this time. Thx

Awesome

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Pelosi signals support for massive new payroll subsidies as small-business loan fund nears expirationThe speaker stressed that Congress should be for “expanding support beyond PPP to provide more resources” to the tens of millions of small businesses impacted by the COVID-19 epidemic, signalling support for a sweeping Paycheck Guarantee Act that would reimburse employers of all types and sizes for payroll and benefit costs. Can’t believe people still vote for that idiot It's not about the lack of loans it's about the lack of demand and just because you give a loan out it's not going to do anything to demand so bottom line businesses are screwed You need wear a face mask, not a neck mask! 🤭
Source: MarketWatch - 🏆 3. / 97 Read more »