2022-01-24 Forms and Instructions Week
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
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A PDF with articles for this week’s updates can be downloaded below: