fbcomp
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01-21-2021
06:35 PM
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Employee retention credit:
Do you have to reduce expense by the credit?
The credit is not taxable?
New rules regarding PPP now show expenses are deductible and loan forgiveness is not taxable? Does the same apply to Retention Credit of up to $5k per employee retained?
Also, did CA finally comply with Feds?
Thanks.
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