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This was not a gift. It changed decision-making by catripledomer
The issue is the timing of what happened. As it turns out, when COVID hit, my leadership team and I decided to take zero salary and get a PPP loan so that we could retain the 5 people we hired at the end of 2019. Our revenues stayed flat in 2020, then we get a "gift" of taxable income (yes it is taxable because it is income), and I ended up paying taxes on no salary just because we saved 5 jobs. The problem with the scenario is that none of this was made clear until well into 2021, when we already had the burden of 5 extra people and the taxable "gift" from the government.