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I've attached an example solution below. It utilizes an iterative macro to find the first valid day if the initial subtraction of 2 days is on a weekend or holiday. Labor day was giving me some trouble so I had to hotfix but the rest seemed to be correct. Hoping you can take it from here.
Thank you so much, your workflow didn't quite do what I needed BUT I broke down all your logic and it HELPED me tremendously!! attaching what I built incase someone else needs =workday(date,-2,[holiday])