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I received an offline comment that some think that Treas. Reg. Sec. 1.51-1(e)(1)(iii) may not be good law and therefore we are left to guess at the Statute.
I Think it's important to remember that this long-standing Regulation was originally written ...
This week, the White House announced changes impacting multiple aspects of the Paycheck Protection Program. The SBA has already implemented some of these changes and the rest are expected to go into effect over the next week. Watch today's on-demand ...
Folks, I believe the corresponding wording in the Section 51 Regulation cited in my earlier post provides clear wording that obviates a need to dissect the Statute. After reading the Regs, the answer given in FAQ 59 makes perfect sense. ...
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