Current Federal Tax Developments

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2021-04-05 Entering Tax Section 51 - Odd Things Happen Here

This week we look at:

  • IRS gives details on automatic refunds on unemployment exclusion

  • Formal notice of extension of time to file 2020 Forms 1040 issued

  • IRS updates ERC guidance for the version for first six months of 2021

  • A look at the mess that is the issue of whether controlling shareholder wages can qualify for ERC

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2021-04-05 Entering Tax Section 51 - Odd Things Happen Here Edward K. Zollars, CPA (Kaplan Financial Education)

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

2021-04-05 Current Federal Tax Developments