X

Legal Focus

 
05May

Payroll Protection Plan and Tax Issues for School Bus Contractors

Now that the Payroll Protection Plan loans have started funding – the questions re: how to qualify for forgiveness and how to coordinate these funds with other benefits are on everyone’s mind. School bus contractors have their own unique difficulties in this area, especially in coordination with their contracts and the school year calendar. Just like the application process, the tax issues are as clear as mud in many regards. Some questions can be answered, but some just cannot, so far. So, Rich Kelly has invited me (Joanne Natale, CPA, CFA of Proactive Tax Strategies, Inc.) to write today’s Legal Focus article about the Payroll Protection Plan and tax issues for school bus contractors.

Click Here to Read More

Related

Act 24 Lifetime Ban - Evlauating Criminal History When Hiring

School bus contractors and school districts are all familiar with the disqulifying offenses listed i...

Read More >
FMCSA Waiver of “Under the Hood” CDL Testing Requirements

FMCSA Waiver of “Under the Hood” CDL Testing Requirements

We are now in the heart of the 2021-2022 school year, and contractors are continuing to face the har...

Read More >
Pennsylvania’s Diesel-Powered Motor Vehicle Idling Laws

Pennsylvania’s Diesel-Powered Motor Vehicle Idling Laws

Over the years, people nationwide have become more aware of the negative health and environmental ef...

Read More >
IRS Considers Affordable Care Act Rule for School Bus Drivers

IRS Considers Affordable Care Act Rule for School Bus Drivers

IRS Notice 2015-87 was published recently stating that the IRS is considering new rules that will ap...

Read More >

School Bus Sales and Use Tax Exemption Upheld

The school bus sales and use tax exclusion is an important tax exemption for school bus contractors ...

Read More >
Legal Focus on Contracts-Indemnity Clauses

Legal Focus on Contracts-Indemnity Clauses

“Hold Harmless”, “Defend”, “Indemnify” … what does it all really mean? This article explains ...

Read More >

Search

Categories