This week we look at:

PPP guidance on foreign affiliates, §501(c)(12) utilities, the actual final extension of the PPP repayment date and the SBA backing off the threats on necessity of the loan certification
IRS discusses which date to use to value certain stock based compensation
Changes made to maximum medical FSA carryovers for cafeteria plans
IRS issues COVID-19 related relief for cafeteria plans
The tax consequences of payments to students discussed in IRS FAQ which uses §139 to exclude them from income
IRS releases inflation adjusted HSA and HDHP numbers for 2021

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

A PDF with the articles related to this week’s updates can be downloaded below: