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19Nov

IRS Clarifies Interaction Between Paycheck Protection Program and Employee Retention Tax Credit in M&A Deals

Under the CARES Act, an employer otherwise eligible for employee retention credits (“ERC”) is denied such credits if it participates in a Paycheck Protection Program (“PPP”) loan....
By: Hodgson Russ LLP
Source Url: https://www.jdsupra.com/legalnews/irs-clarifies-interaction-between-51591/

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