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Daycare and Taxes All things related to Taxes and running a Daycare post here. Topics of tax exemptions, forms, filings, tax write offs, IRS etc. |
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If I use 100% of my EIDL loan towards payroll, is the interest 100% deductible or is is subject to time/space %?
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#2
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It's 100% deductible because it is used exclusively for your business.
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http://www.tomcopelandblog.com |
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deduction - loan, loans, sba - loan, tom copeland |
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