Current Federal Tax Developments

Keeping CPAs Up to Date on Tax Matters

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2021-03-08 Employee Retention Credit and PPP Forgiveness

March 07, 2021 by Ed Zollars, CPA

This week we look at:

  • SBA gets PPP loan program change guidance published

  • Senate revises proposed COVID-19 relief bill, adds partial exclusion for unemployment compensation

  • IRS continues to “clarify” the virtual currency question on Form 1040

  • Guidance issued on interaction of PPP forgiveness and 2020 employee retention credit

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

Articles on some of this week’s topics can be found in the PDF you can download below:

2021-03-08 Current Federal Tax Developments

March 07, 2021 /Ed Zollars, CPA
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