2020-08-31 Excellent Guidance to Confirm Fears
This week we look at:
Crowdsourcing platform payments made in convertible virtual current for performing microtasks is taxable income
Payroll tax holiday guidance finally released by Treasury days before holiday is scheduled to begin
IRS temporarily expands and simplifies use of e-signatures
SBA issues new PPP guidance with de minimis owner rule and rules related to rents and mortgages as nonpayroll costs
An audio only version of this week’s broadcast can be downloaded below:
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2020-08-31 Excellent Guidance to Confirm Fears
Articles for this week’s update can be downloaded as a PDF below: