2020-04-20 End of First Funding Round for PPP Loans
This week we look at:
SBA issues guidance on self-employed taxpayers and partners for PPP loan program
Revenue Procedure issued explaining how to deal with retroactive change in life for qualified improvement property
IRS gives guidance on filing Forms 1139 and 1045 via fax while Service Centers are shut down
Proposed regulations released to set government portion of PTIN fee at $21
Procedures issued to deal with Forms 706 returned by private delivery services from closed Service Centers
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2020-04-20 End of First Funding Round for PPP Loans
Articles for this week’s updates can be read below: