Tax relief coming for restaurants who received federal help
July 25, 2022
Because of a timing problem on the part of the federal
government, California restaurants who received a grant during
the second round of Paycheck Protection Program funding, were
about to take a big tax hit. It took quite a long fight to make
sure that doesn’t happen, but the California Restaurant
Association prevailed in that fight.
Sabrina has all the details in this week’s News You Need to Know. You can see the full text of the relief bill here.