Current Federal Tax Developments

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2020-12-21 PPP Loans, Version 2.0 Proposal

December 19, 2020 by Ed Zollars, CPA

This week we look at the proposed revisions to the PPP loan program:

  • Proposed COVID-19 Relief Bill

  • Reopen and revise PPP loans

  • Create second draw need based PPP loan program

  • Fix the deduction issue

  • Simplified forgiveness applications (2)

An audio only version of this week’s broadcast can be streamed or downloaded below:

Download a document describing the proposal introduced during the week at:

2020-12-21 Current Federal Tax Developments

December 19, 2020 /Ed Zollars, CPA
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