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2020-12-14 Paying Tax on 1112 Payments
SBA indicates that §1112 payments made by SBA on §7(a) loans will be taxable to recipients, IRA gives some guidance on two CARES plan provisions, and more activity.
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By Edward Zollars, CPA
4.7
6868 ratings
SBA indicates that §1112 payments made by SBA on §7(a) loans will be taxable to recipients, IRA gives some guidance on two CARES plan provisions, and more activity.
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