Financial Advisory Blog

Armanino’s Financial Advisory blog is your source for thought leadership around cloud ERP and accounting solutions and integrations. Supported by the Cloud Accounting Institute and numerous experts in cloud, finance, reporting, integration, compliance, and technology, Armanino’s Financial Advisory blog features must-read content on what’s happening in the finance industry, case studies, white papers, and much more.

July 23, 2020

Will expenses that are forgiven be deductible business expenses for tax purposes?

Posted by Armanino Financial Advisory Team

No. At this time, these expenses will be added back to taxable profit in the tax preparation process.

« | »