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#258: How Will the Economics of 2020 Affect Your Taxes?
Episode 258

#258: How Will the Economics of 2020 Affect Your Taxes?

The Dentist Money Show | Financial Planning & Wealth Management · Dentist Advisors - Financial Planning and Wealth Management

November 18, 202037m 56s

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Show Notes

The year 2020 has been no ordinary year. And you can expect with PPP, HHS, and EIDL loans and grants, taxes might not be ordinary when they come due. On this episode of the Dentist Money™ Show, Ryan interviews Morgan Hamon of the HDA Accounting Group. Are you wondering what pandemic federal support money might mean for your taxes? On this podcast, Ryan and Morgan discuss loan timelines, qualifying rules, reporting requirements, and IRS guidelines on the federal support you may have received. Plus, there's a write-off rule that might surprise you—and one you need to know! How Will COVID-Related Loans and Grants Affect Your Taxes?