Current Federal Tax Developments

View Original

2020-09-21 Revised Forms Issued for COVID-19 Relief

This week we look at:

  • IRS discusses options for expedited private letter ruling requests

  • Web page for marijuana industry posted by the IRS

  • Corporation by law had no shareholders, thus no S election was possible

  • Draft form to be used by self-employed to claim COVID-19 sick pay credits published

  • Final version of Form 941-X to be used to revised 2Q 2020 Forms 941 released

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

Your browser doesn't support HTML5 audio

2020-09-21 Revised Form Isusued for COVID-19 Relief Ed Zollars, CPA (Kaplan Financial Education)

The articles for this week’s updates can be downloaded in the PDF below:

2020-09-21 Current Federal Tax Developments