FICPA Podcast

Federal Tax Update Postcast: Expenses used for PPP forgiveness and S Corporations

In the latest edition of his Federal Tax Update, Ed Zollars dives into the news and notes you need to know. This week:

  • IRS publishes detail on changes for amended returns and research credits
  • Taxpayers do not have to pay in tax IRS undercomputed when adjusting for unemployment compensation
  • Expenses used for PPP loan forgiveness do not reduce AAA for S corporations per IRS instructions
  • Information letter addresses when industry accountant becomes a paid preparer

Click on the player below to listen to the show:

Return to Blogs
CPE sponsors

The Florida Institute of Certified Public Accountants (FICPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: