All tagged cares act

Sen. Jim Perry Op-Ed: PPP - I support small businesses

NC State Senator Jim Perry (R - Lenoir, Wayne) issues an op-ed on how the State of North Carolina should handle tax liability associated with the Paycheck Protection Program (PPP). “The State of NC shouldn’t think about these extraordinary events through the lens of normal operations. We shouldn’t saddle business people with a surprise state tax liability just because they helped distribute federal stimulus dollars to the people of North Carolina. I worked with Senator Chuck Edwards and Senator Dave Craven to file Senate Bill 104 requiring that NC not burden small business owners who participated in the Paycheck Protection Program.”