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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2021-03-29 IRS Quietly Revises Unemployment Worksheet

March 27, 2021 by Ed Zollars, CPA

This week we look at:

  • IRS makes a major change in computation of excludable ARPA unemployment

  • PPP loan program applications extended for two months - but funds only likely to last until mid-April without replenishment

  • PPE is defined by the IRS to represent medical care for purposes of deducting the expenses

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

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

2021-03-29 Current Federal Tax Developments

March 27, 2021 /Ed Zollars, CPA
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