Current Federal Tax Developments

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2020-06-22 CARES Retirement Plan Rules Issued

This week we look at:

  • Revised PPP forgiveness application and some rules to take into account PPPFA changes

  • Relief granted for PPP loan qualification related to certain felony convictions of owners

  • CARES special retirement plan provision relief published by IRS

  • Using the wrong FedEx service to file a Tax Court petition costs taxpayer the option to challenge the IRS in Tax Court

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2020-06-22 CARES Retirement Plan Rules Issued Ed Zollars, CPA (Kaplan Financial Education)

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

2020-06-22 Current Federal Tax Developments