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
A fuel clause is language in a contract which allows the contractor and the district to share the ri...
Read More >
As school transportation contractors begin to settle in for the 2024-2025 school year, many are face...
Read More >
Recently, many school bus contractors have had questions regarding “Act 126” Child Abuse Reporting...
Read More >
With the school year now settling into normal routines, inevitably some contractors and bus drivers ...
Read More >
2018 was another busy year for school bus contractors with many significant events and changes. Fol...
Read More >
Typically, school transportation is provided to school districts, charter schools, and other non-pub...
Read More >