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
On Nov. 25, 2020 Governor Wolf signed SB 1216/Act 136 which included language addressing school tran...
Read More >
As school transportation contractors begin to settle in for the 2024-2025 school year, many are face...
Read More >
Many contractors use school vehicles such as vans or multi-function school activity buses (MFSABs) t...
Read More >
2018 will see the effects of many laws and regulations that that were passed in the last year. Foll...
Read More >
Recently, many school bus contractors have had questions regarding “Act 126” Child Abuse Reporting...
Read More >
2018 was another busy year for school bus contractors with many significant events and changes. Fol...
Read More >