In the latest edition of his Federal Tax Update, Ed Zollars discusses the latest guidance related to PPP and ERC, auto depreciation limits for 2021, and a recent legal decision concerning postmarks.
Paycheck Protection Program
In the latest edition of Ed Zollars' "Federal Tax Update" podcast, the Small Business Administration informs lenders that it is eliminating the Loan Necessity Questionnaire for PPP loans of $2 million or more. Find out more and listen to the show.
In the latest edition of his "Federal Tax Update," Ed Zollars looks into the future of PPP loan questionnaires and a pair of court decisions, one of which upheld a CPA's conviction.
In the latest edition of his "Federal Tax Update" podcast, Ed Zollars discusses what we know (very little) and still don't know (a lot) about the potential changes to capital gains rates.
The IRS makes a major change in the computation of excludable ARPA unemployment, the PPP application deadline is extended, and PPE is defined as medical care.
The 60-day extension helps small businesses access much-needed PPP relief funds and gives the SBA time to address lingering E-Tran system issues and provide more guidance.
Ed Zollars discusses the IRS' decision to push back the filing date for Forms 1040 only, leaving everything else, including Q1 2021 estimates, still due on April 15.