Tax relief coming for restaurants who received federal help
July 25, 2022

Post
Tax relief coming for restaurants who received federal help

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.