This week we look at

IRS issues updated substantially equal payment guidance
Final version of basis reporting form for S corporation shareholders issued by IRS
IRS clarifies how to report expenses used to obtain PPP forgiveness on Schedule M-2
IRS completes guidance on reporting options for timing of PPP loan forgiveness income recognition

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

A PDF with articles for this week’s updates can be downloaded below: