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re: Is there a new PPP hustle going around?

Posted on 5/24/21 at 1:09 pm to
Posted by tigergirl10
Member since Jul 2019
10342 posts
Posted on 5/24/21 at 1:09 pm to
This is much worse than a few hundred dollars a week unemployment. So many churches and private schools received 6-7 figure PPP and don’t pay taxes. Not to mention the businesses that never closed and also received 6-7 figures PPP.
Posted by WildManGoose
Member since Nov 2005
4568 posts
Posted on 5/24/21 at 2:44 pm to
quote:

So many churches and private schools received 6-7 figure PPP and don’t pay taxes.
Paying taxes really doesn't have much to do with it. You know what the PPP stands for right?
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 5/24/21 at 2:45 pm to
quote:

So many churches and private schools received 6-7 figure PPP and don’t pay taxes. Not to mention the businesses that never closed and also received 6-7 figures PPP.



PPP money is still taxable.....it's payroll
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