Current Federal Tax Developments

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2020-10-05 PPP Loans and Change of Ownership

This week we look at:

  • Final regulations issued for meals and entertainment

  • Withholding on retirement and annuity distribution regulations issued

  • S Corporations get special election for GILTI issues

  • SBA issues guidance on change of ownership for entities with PPP loans outstanding

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2020-10-05 PPP Loans and Change of Ownership Ed Zollars, CPA (Kaplan Financial Education)

A PDF with the articles for this week’s update can be downloaded below:

2020-10-05 Current Federal Tax Developments