Current Federal Tax Developments

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2022-09-18 New PPP Loan Tax Guidance Appears

This week we look at:

  • IRS memorandum states that PPP loan forgiveness is taxable if taxpayer did not actually qualify for forgiveness granted

  • AICPA adds to items requested for additional penalty relief under Notice 2022-36

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2022-09-18 New PPP Loan Guidance Appears Edward K. Zollars, CPA (Kaplan Financial Education)

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

2022-09-19 Current Federal Tax Developments