This week we look at:

• Safe harbor guidance for PPP forgiveness and certain grants for reduction in revenue test for ERC

• Auto depreciation limits announced for 2021

• Taxpayers barred from producing evidence letter with no postmark applied was placed in mail by due date by US Court of Claims, even though the Tax Court allows such evidence

Articles on this week’s update can be downloaded as a PDF at:

2021-08-16 Current Federal Tax Developments