Current Federal Tax Developments

Keeping CPAs Up to Date on Tax Matters

A site devoted to articles on current developments in federal taxes geared toward CPAs in tax practice.

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2020-06-29 CARES Fix for the RMDs that Aren't RMDs

June 27, 2020 by Ed Zollars, CPA

This week we look at:

  • IRS issues clarifications on claiming the employee retention credit

  • SBA issues formal interim final rules modifying forgiveness rules for PPPFA

  • Additional final regulations issued under §199A

  • Proposed regulations released to deal with the TCJA parking lot tax

  • IRS announces interest will be paid on refunds for returns filed by 7/15/20, with interest starting to accrue at 4/15/20

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

Articles for this week’s update can be downloaded below:

2020-06-27 Current Federal Tax Developments

June 27, 2020 /Ed Zollars, CPA
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