Current Federal Tax Developments

View Original

2020-06-08 Payroll Protection Program Flexibility Act Becomes Law

This week we look at:

  • Payroll Protection Program Flexibility Act of 2020 enacted into law on June 5, 2020

  • Relief from physical presence rules given to qualified plans

  • IRS expands Qualified Opportunity Zone relief and extends period for existing relief

  • IRS returns to tax basis capital computation issues - gives two different proposed methods

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

Your browser doesn't support HTML5 audio

2020-06-08 Payroll Protection Program Flexibility Act Becomes Law Ed Zollars, CPA (Kaplan Financial Education)

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

2020-06-08 Current Federal Tax Developments