Surviving Disruption: How New COVID-19 Legislation Can Assist the Restaurant Industry
Modern Restaurant Management
APRIL 8, 2020
Funds can be used to pay fixed debts, payroll, accounts payable, and other bills. The CARES Act corrects a drafting error contained in the Tax Cuts and Jobs Act of 2017 (TCJA), retroactively making QIP 15-year property that is eligible for 100 percent bonus depreciation. The interest rate for these SBA loans is 3.75
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