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News & Alerts

Great News! RRF Tax Treatment Bill Signed Into Law

3/7/2022

1 Comment

 
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On March 7, 2022 Governor Evers signed into law the Restaurant Revitalization Fund Tax Treatment Bill that was championed by the Wisconsin Restaurant Association.

The law updates Wisconsin tax code treatment of RRF grants to conform with federal tax code, treating these grants as non-taxable income, similar to the provisions passed and signed into law for PPP loans earlier this year.

This is great news for RRF grant recipients. It means they will NOT have to pay taxes on the income AND the expenses paid for with the grants can still be deducted as expenses on tax returns.

RRF grant recipients will save money with this tax exemption (some will save thousands of dollars).

The Wisconsin Restaurant Association would like to thank Governor Evers for signing the bill into law and Representative Robert Wittke and Senator Roger Roth for sponsoring the bill. This law will be a great help to restaurants that received RRF grants.

If you have questions about this RRF tax treatment bill, call 608.270.9950 to talk to a Wisconsin Restaurant Association team member.

More Info
1 Comment
HUAN DINH DANG link
3/8/2022 11:21:15 pm

WE NEED HELP .

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2801 Fish Hatchery Rd  |  Madison, WI 53713
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  • Membership
    • Member Login
    • Membership Savings >
      • Employee Retention Credit
      • Manufacturer Rebate Program
      • Marketing Tools
      • Property & Casualty
      • Workers Compensation
      • Credit Card & Payroll Processing
      • Health Solutions
      • Music Licensing
      • Office Supplies
      • Email Marketing
      • Shipping
      • Technology
      • Other Products & Services
    • Restaurants
    • Suppliers >
      • Members Only Login
      • Supplier Member Benefits
      • Interested in Joining
      • Live Events
      • Sponsorships
      • Advertise
      • Donate
      • Get Involved
    • Students
    • Join
  • Resources
    • Members Only
    • Humans Of Hospitality >
      • Humans of Hospitality - Share Your Story
    • Solutions on Staffing
    • Tax Credits
    • COVID-19 >
      • Coronavirus: Resources for Restaurants
      • Exposed Employees Guidance
      • Restaurant Revitalization Fund
    • News & Alerts
    • Business Support >
      • Ask WRA
      • Supplier's Directory
      • National Restaurant Association
      • Industry Insights
      • Laws & Regulations
      • Publications
      • Materials to Purchase
      • Popular Topics
    • For Diners >
      • Dining Guide
      • Gift Certificates
  • Advocacy
    • MKE Kitchen Cabinet
    • Donate
  • Events & Training
    • Calendar
    • Upcoming Events >
      • Fresh EX
      • Restaurant Advocacy Day
      • Friends of James Beard Chef Invitational Raffle
      • ProStart Golf Classic
      • Sand Valley Golf Raffle
    • Webinars
    • Food Protection Manager Certification
    • High School Culinary
  • ServSafe
    • ServSuccess
  • Foundation
    • ProStart
    • Scholarships
    • Get Involved >
      • Volunteer
    • Endowment Fund
    • Board of Directors
    • Donate
  • About
    • Our Team >
      • Staff
      • Board of Directors >
        • Proxy
        • Proxy Form
      • Careers
      • Job Board
    • Our Mission
    • Contact Us & Hours
    • Chapters
    • Awards >
      • Award Winners
    • Press Releases