{"id":25607,"date":"2020-11-22T01:58:53","date_gmt":"2020-11-22T01:58:53","guid":{"rendered":"https:\/\/wcginc.com\/?p=25607"},"modified":"2026-01-26T16:36:44","modified_gmt":"2026-01-26T16:36:44","slug":"ppp-loan-forgiveness-taxable-income","status":"publish","type":"post","link":"https:\/\/wcginc.com\/blog\/ppp-loan-forgiveness-taxable-income\/","title":{"rendered":"PPP Loan Forgiveness is Taxable Income Today"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column]\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-68b576720df54\" class=\" wd-rs-68b576720df54 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><\/p>\n<div class=\"overview\">\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400\"><b>PPP loans are taxable in a roundabout way:<\/b><span style=\"font-weight: 400\"> While the loan itself isn\u2019t income, expenses paid with PPP funds cannot be deducted, which increases taxable income.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>IRS Revenue Ruling 2020-27:<\/b><span style=\"font-weight: 400\"> Even if you expect forgiveness in the next year, you must treat PPP-funded expenses as non-deductible in the year received.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Impact example:<\/b><span style=\"font-weight: 400\"> Paying wages, rent, and utilities with PPP funds reduces deductions, increasing reported profit and taxable income.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>No expected IRS change:<\/b><span style=\"font-weight: 400\"> Congress and the IRS are unlikely to reverse this treatment; PPP loan proceeds are considered taxable for 2020.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Safe harbor exists:<\/b><span style=\"font-weight: 400\"> If your PPP loan is not forgiven or you choose not to apply, you may deduct previously non-deductible expenses via amended or delayed returns.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Accounting approach:<\/b><span style=\"font-weight: 400\"> Many businesses track PPP loans as \u201cProbable Forgiveness\u201d in contra-accounts to reconcile books with tax returns.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Filing guidance by loan size:<\/b>\n<ul>\n<li>Loans \u2264 $50,000: report on 2020 return.<\/li>\n<li>Loans $50K\u2013$2M: file timely or extend if forgiveness is uncertain.<\/li>\n<li>Loans &gt; $2M: consider extension, estimated tax payment, and prompt forgiveness application.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/div>\n<p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-685dfaf37e22e\" class=\" wd-rs-685dfaf37e22e wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title img-right \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>There has been a lot of activity over the last 6 months regarding\u00a0<a href=\"https:\/\/wcginc.com\/blog\/paycheck-protection-program\/\">PPP loan proceeds<\/a>\u00a0becoming taxable income or not. We\u2019ll come right out and say it. Under current law including the recent\u00a0<a href=\"https:\/\/www.irs.gov\/pub\/irs-drop\/rr-20-27.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">IRS Revenue Ruling 2020-27<\/a>, and current interpretations of the law supported by several tax court cases, your PPP loan is taxable. Boom!<\/p>\n<p>However, it is not taxable income per se. So then how is it taxable? Great question! It is taxable in a roundabout way since all the expenses you paid with the PPP loan proceeds are not tax-deductible. Huh?! While PPP loan proceeds are not taxable income directly, your taxable income will generally increase by the amount of the PPP loan since expenses paid with those proceeds cannot reduce taxable income.<\/p>\n<p>Here is a quick table to illustrate someone who received a $14,000 PPP loan-<\/p>\n<table>\n<tbody>\n<tr>\n<td><\/td>\n<td><strong>Without PPP<\/strong><\/td>\n<td><strong>With PPP<\/strong><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>Revenue<\/td>\n<td>200,000<\/td>\n<td>200,000<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>Wages<\/td>\n<td>52,000<\/td>\n<td>44,000<\/td>\n<\/tr>\n<tr>\n<td>Rent<\/td>\n<td>24,000<\/td>\n<td>20,000<\/td>\n<\/tr>\n<tr>\n<td>Utilities<\/td>\n<td>12,000<\/td>\n<td>10,000<\/td>\n<\/tr>\n<tr>\n<td>Office Expense<\/td>\n<td>6,000<\/td>\n<td>6,000<\/td>\n<\/tr>\n<tr>\n<td>Travel<\/td>\n<td>2,000<\/td>\n<td>2,000<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><strong>Profit<\/strong><\/td>\n<td><strong>104,000<\/strong><\/td>\n<td><strong>118,000<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>As you can see, Wages, Rent and Utilities are lower since a portion of those expenses were paid with PPP funds.<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-685dfb2197b0f\" class=\" wd-rs-685dfb2197b0f wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title wd-font-weight-800 box-title-style-default font-primary wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"Some_Economic_Theory\"><\/span>Some Economic Theory<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>There are all kinds of charts and graphs and other fancy things to describe how a dollar worms its way through the economy, and ultimately increases our country\u2019s gross domestic product. How does this all work?<\/p>\n<p>You have an extra dollar in your pocket because of a tax break. You spend it adding extra cheese to your Big Mac and McDonald\u2019s uses it to buy some real estate. Real estate is massively popular since so many people get paid from a single transaction (that\u2019s why our tax code encourages real estate purchases). McDonald\u2019s buys a piece of land, and the agents, attorneys, title company, appraiser and perhaps a few others get a small money grab.<\/p>\n<p>These people in turn sprinkle their money is various places of the economy. 2 becomes 4, 4 becomes 8, 8 becomes 16, and so on.<\/p>\n<p>What does all this mean? Some economists suggest that an extra dollar available in our economy yields an 8-fold increase in our GDP. This is extremely hard to prove but there are models of course that suggest it.<br \/>\nThis theory is the cornerstone to most tax breaks such as the Tax Cuts and Jobs Act of 2017. Give people more money to spend, and the economy will eventually create more taxable income than the \u201clost tax\u201d from a tax cut at the source (consumer spending). And of course, this is the fodder that red, blue and agnostic economists argue about all day long. Never at night; they are nerds and go to bed early. Super smart nerds, but nerds nonetheless. Like accountants.<\/p>\n<p>How about this for a monkey wrench? Government spending based on tax revenue goes right back into the economy too. But the genesis is not the same as a tax break which creates the feeling of having additional disposable income (i.e., consumer confidence to spend).<\/p>\n<p>This is partly why tax breaks versus tax and spend programs are revered as more successful. The answer? Who knows! Over the course of 100 years, the party affiliation of the President barely had correlation let alone causation to the U.S. economy.<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-685dfb30f2e55\" class=\" wd-rs-685dfb30f2e55 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title wd-font-weight-800 box-title-style-default font-primary wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"PPP_Loan_Forgiveness_as_Taxable_Income\"><\/span>PPP Loan Forgiveness as Taxable Income<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>Ok, back to the issue at hand. The IRS released\u00a0<a href=\"https:\/\/www.irs.gov\/pub\/irs-drop\/rr-20-27.pdf\">Revenue Ruling 2020-27<\/a>\u00a0on November 18, 2020. Here is the summary using their words-<\/p>\n<p>A taxpayer that received a covered loan guaranteed under the PPP and paid or incurred certain otherwise deductible expenses listed in section 1106(b) of the CARES Act may not deduct those expenses in the taxable year in which the expenses were paid or incurred if, at the end of such taxable year, the taxpayer reasonably expects to receive forgiveness of the covered loan on the basis of the expenses it paid or accrued during the covered period, even if the taxpayer has not submitted an application for forgiveness of the covered loan by the end of such taxable year.<\/p>\n<p>Bummer. As such, and using our table above, PPP loan proceeds are essentially taxable income. And, Revenue Ruling 2020-27 basically says even if you have not received PPP loan forgiveness in 2020 yet you reasonably expect to receive formal PPP forgiveness in 2021, you must assume you will in 2020 and therefore not deduct expenses paid with PPP loan proceeds in 2020. Ouch!<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-685dfb3f18714\" class=\" wd-rs-685dfb3f18714 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title wd-font-weight-800 box-title-style-default font-primary wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"Will_the_IRS_Change_the_Rule\"><\/span>Will the IRS Change the Rule<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>No. Depending on the number you find on the interwebs, over $500 billion was paid out under the PPP programs. Let\u2019s assume a 21% tax rate. That is well over $100 billion in lost taxes. That is a big number of which the IRS nor the Treasury have the authority to wipe off the books. Will Congress change the law? Again, a solid No. There is very little discussion on this and frankly many lawmakers are already stung by the big numbers paid out. And now comes Biden with the typical tax and spend regime, and any hope is fleeting.<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-685dfb5561350\" class=\" wd-rs-685dfb5561350 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title wd-font-weight-800 box-title-style-default font-primary wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"Summary\"><\/span>Summary<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>WCG has been monitoring this for a while. We were already tax-planning assuming PPP loan proceeds would be taxable. We were already doing this for 2020 regardless of when our clients applied for PPP loan forgiveness since we were advising that any 2020 income tax refund due to receiving loan forgiveness in 2021 would be applied to 2021. Send off the cash now; it isn\u2019t yours sort of thing and you\u2019ll accidentally spend it.<\/p>\n<p>Now with\u00a0<a href=\"https:\/\/www.irs.gov\/pub\/irs-drop\/rr-20-27.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">IRS Revenue Ruling 2020-27<\/a>, this is all moot. Your PPP loan proceeds are taxable. You will be paying tax on your 2020 tax return. Done.<\/p>\n<p>Sure, we can game the system with the words \u201creasonably expect.\u201d But, keep this in mind. First, all loans under $50,000 are automagically forgiven.<\/p>\n<p>Second, this is such a sore topic with the IRS. Do you really want to challenge this? Not fair? Sure. But is it worth the risk? Probably not. Don\u2019t forget that you got money for nothing like Dire Straits\u2026 paying some of it back isn\u2019t the worse thing in the world.<\/p>\n<p>Third, if your loan is over $2M, then perhaps. Those loans will be highly scrutinized and there might be some businesses who won\u2019t have them fully forgiven.<\/p>\n<p>Does it matter if you are cash based versus accrual based? It appears that it doesn\u2019t matter. Either way the IRS is telling you to wipe the liability off your books, and don\u2019t deduct expenses paid with those funds.<\/p>\n<p>Another Side Bar: When WCG prepared its books throughout the year, we added a contra-account to the PPP loan liability as \u201cProbable Forgiveness.\u201d DR Probable Forgiveness and CR Equity Placeholder. We\u2019ll CR a bunch of PPP paid expenses as we DR Equity Placeholder to true up the books to the tax return. Good luck Tina!<\/p>\n<p>Why is the IRS asking for this to affect 2020 tax returns? There is an accounting thing called the matching principle where revenue and expenses must be recognized in the year incurred (generally speaking). So, this is why the \u201cI forgot to deduct something in 2019\u2026 can I just do it on 2020?\u201d question is a No. Frankly, the IRS is probably concerned that it won\u2019t get paid if it has to wait until 2022 when it receives 2021 tax returns. Mama didn\u2019t raise a fool over at the IRS.<\/p>\n<p>But\u2026 the IRS did create a safe harbor of sorts within\u00a0<a href=\"https:\/\/www.journalofaccountancy.com\/news\/2020\/nov\/ppp-loan-forgiveness-irs-safe-harbor.html\" target=\"_blank\" rel=\"noopener noreferrer\">IRS Revenue Procedure 2020-51<\/a>. It\u2019s a bit clunky to synthesize into some clean bullet points, but basically if your PPP loan is not forgiven, in whole or in part, or you choose not to apply for PPP loan forgiveness, you are allowed to deduct otherwise non-deductible expenses. You can accomplish this through an amended tax return or by delaying the filing of your tax returns.<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-685dfb6d2caf1\" class=\" wd-rs-685dfb6d2caf1 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title wd-font-weight-800 box-title-style-default font-primary wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"Next_Steps\"><\/span>Next Steps<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>Here are the next steps as we see them-<\/p>\n<p>1. $50,000 or less in PPP loan proceeds, take your hit on your 2020 tax return and file on time.<\/p>\n<p>2. Over $50,000 and up to $2 million-ish in PPP loan proceeds, either<\/p>\n<ul>\n<li>take your hit with a timely filed tax return or<\/li>\n<li>if you believe your loan forgiveness is wishy-washy then plan to extend your tax return but make an on-time estimated tax payment assuming non-forgiveness.<\/li>\n<\/ul>\n<p>3. Over $2 million, we strongly recommend waiting and seeing. In other words, file a tax return extension, make an on-time tax payment assuming PPP loan forgiveness and apply for forgiveness quickly.<\/p>\n<p>Need help?\u00a0<a title=\"Consult with WCG CPAs Today!\" href=\"https:\/\/wcginc.com\/tax-center\/consultation\/\">Ask us. Let\u2019s chat!<\/a><\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-68b576add12aa\" class=\" wd-rs-68b576add12aa wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title faqs-wrap \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title box-title-style-default wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span>Frequently Asked Questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_PPP_loans_considered_taxable_income\"><\/span>Are PPP loans considered taxable income?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Not directly, but expenses paid with PPP funds cannot be deducted, increasing taxable income.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_it_matter_if_the_PPP_loan_is_forgiven_later\"><\/span>Does it matter if the PPP loan is forgiven later?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes, Revenue Ruling 2020-27 requires non-deduction of expenses in the year received even if forgiveness is expected later.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_this_affect_my_2020_tax_return\"><\/span>How does this affect my 2020 tax return?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>You must report higher taxable income for PPP-funded expenses, increasing your 2020 tax liability.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_there_a_way_to_reverse_this_if_the_loan_isnt_forgiven\"><\/span>Is there a way to reverse this if the loan isn\u2019t forgiven?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes, you can deduct previously non-deductible expenses via an amended return or by delaying filing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_loan_size_impact_filing_strategy\"><\/span>Does loan size impact filing strategy?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes; smaller loans are straightforward, mid-size loans may require filing extensions, and large loans (&gt; $2M) need careful planning.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_it_matter_if_my_business_uses_cash_or_accrual_accounting\"><\/span>Does it matter if my business uses cash or accrual accounting?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>No; the IRS applies the same treatment to both accounting methods for PPP-funded expenses.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_IRS_%E2%80%9Cmatching_principle%E2%80%9D_and_why_does_it_matter\"><\/span>What is the IRS \u201cmatching principle\u201d and why does it matter?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Revenue and expenses must be recognized in the year incurred, which is why PPP-funded expenses affect 2020 returns.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_I_challenge_this_IRS_ruling\"><\/span>Can I challenge this IRS ruling?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It\u2019s possible but risky; the IRS is strict on PPP loan treatment, especially for larger amounts.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_should_I_track_PPP_loans_in_my_books\"><\/span>How should I track PPP loans in my books?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Many businesses use a contra-account labeled \u201cProbable Forgiveness\u201d to reconcile with tax returns.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_should_I_do_next_if_I_received_a_PPP_loan\"><\/span>What should I do next if I received a PPP loan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Follow the filing guidance by loan size, make estimated payments if needed, and consult a tax professional for planning.<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t[\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][\/vc_column][\/vc_row]<\/p>\n","protected":false},"author":6,"featured_media":24683,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-25607","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>PPP Loan Forgiveness is Taxable Income Today - WCG CPAs &amp; 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He has been an owner of three small businesses, and holds both a Bachelor\u2019s and Master\u2019s in Business Administration from the University of Wisconsin \u2013 Madison.","url":"https:\/\/wcginc.com\/author\/jason\/"}]}},"_links":{"self":[{"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/posts\/25607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/comments?post=25607"}],"version-history":[{"count":3,"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/posts\/25607\/revisions"}],"predecessor-version":[{"id":90191,"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/posts\/25607\/revisions\/90191"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/media\/24683"}],"wp:attachment":[{"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/media?parent=25607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/categories?post=25607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wcginc.com\/wp-json\/wp\/v2\/tags?post=25607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}