Top

What is Architectural Technology? How Technology is Changing the Industry

Brick Award 24 Honors International and Outstanding Brick Architecture

Empower workers to speak up about jobsite hazards

AGC panel: An overly detailed safety plan can be a liability

September 2022 Project Wins: The country's top contractors report their latest awards...

Tag: taxable income

Construction Processes, Financial

PPP-funded expenses not deductible for borrowers that receive forgiveness

November 20, 2020

Via: Construction Dive

The new guidance is in line with an IRS notice this spring that ruled out tax deductions for wages and rent paid with forgivable PPP loans in order to prevent a “double tax benefit.” The ruling, which means that contractors […]