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Reverse IRS Notice


As advocates for businesses, KJK recently sent a letter to Senators Sherrod Brown and Rob Portman urging them to act to reverse IRS Notice 2020-32, which significantly reduces the benefits of the PPP and negatively impacts small businesses trying to survive in the post-COVID economic landscape. As a result of the Notice, businesses are taxed on their PPP loans – which was not the intent of Congress when the program was created.


Fill out the form to the right to download a letter you can send to your Congressmen telling them how important this is to you as a business owner. Copy and paste the text onto your letterhead and send it to them as soon as possible. You can find contact information for your Representatives and Senators at Congress.gov.



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