Taxes in Ten - Pass-Through Entity Taxation and Federal Tax Rules for PPP Loans

Welcome to Citrin Cooperman's Taxes in Ten podcast. Each episode will be around 10 minutes long and feature our Tax Practice Leader, Joe Bublé, interviewing different subject matter professionals on a variety of tax subjects.

In this episode of Taxes in Ten, Joe Bublé is joined by Citrin Cooperman State and Local Tax Principal Jaime Reichardt for a brief discussion on different state approaches to taxing PPP loan forgiveness and permitting related deductions. They also cover the emergence of pass-through entity taxes in the state tax arena, including why they were developed, how they are structured, and various complicated compliance and planning issues that may arise.