THERE HAVE BEEN many confused news reports, editorials, and opinion pieces on whether Massachusetts business owners will pay state taxes on their federal PPP grants. Amy Pitter’s op-ed adds to the confusion, providing readers with inaccurate information. As we recently explained, under existing laws, businesses – passthroughs and corporations alike – will not pay state […]
Kurt Wise
Posted inOpinion
Say no to ‘double-dip’ PPP tax break
STRUGGLING SMALL businesses are being used once again by anti-tax zealots to push legislators and the public alike into supporting a new and ill-advised state tax break. Advocates for this new tax break for sole proprietorships, pass-through businesses, and the like, are claiming that the COVID relief dollars that many big and small businesses received […]