2020-12-14 Paying Tax on 1112 Payments
This week we look at:
IRS issues Q&As on CARES Act §§102 and 103
Tax organizations respond to IRS Commissioner on no penalty relief
SBA issues guidance on tax reporting for CARES Act §1112 payments
SBA adds Q&A on Forms 3509 and 3510
An audio only version of this week’s broadcast can be streamed or downloaded below.
A PDF with articles on this week’s update can be dowloaded below.