One of the most disappointing developments in the Paycheck Protection Program loan guidance was related to the non-deductibility of the expenses paid for by the forgiven loans. Many organizations, including the American Institute of CPAs, have been lobbying to change that result. Recent developments have led to higher enthusiasm that a deduction may be provided for by Congress. Stay tuned for more information from Crosslin as this unfolds. As always, contact your Crosslin team member with any questions. We are here to help!