This week we look at:

• House passes BBBA, but Senate prospects unclear

• IRS clarifies 2021-2022 treatment of meals and incidentals per diem

• Self-directed IRA implodes on taxpayer due to find that assets were held personally and commingled with other assets

• IRS gives guidance on timing of PPP forgiveness income, as well as very short term BBA partnership amended return relief

An audio only version of the broadcast can be streamed or downloaded below

Articles for this week’s update can be downloaded as a PDF below:

2021-11-22 Current Federal Tax Developments