The U.S. IRS has issued releases concerning a safe harbor for small businesses to claim deductions relating to first-round Paycheck Protection Program loans, as well as guidance on tax credits to provide paid leave to employees receiving COVID-19 vaccines. --- Treasury Department and IRS provide safe harbor for small businesses to claim deductions relating to first-round Paycheck Protection Program loans IR-2021-91, April 22, 2021 WASHINGTON — The Treasury Department and the Internal Revenue Service today issued Revenue Procedure 2021-20 for certain businesses that received first-round Paycheck Protection Program (PPP) loans but did not deduct any of the original eligible expenses...