https://vimeo.com/504085558
https://www.currentfederaltaxdevelopments.com/podcasts/2021/1/24/2021-01-25-ppp-and-erc-clarifications-for-caa-changes
This week we look at:
- Penalty relief related to partners’ tax basis capital
- IRS provides limited option for ERC claims on 4th quarter 941
- Revised PPP First Draw Maximum Loan Calculation
- PPP Borrowers Who Received Too Much Have to Pay Excess Back
- Second disbursement for PPP First Draw Loan procedures
- Gross Receipts Calculation for Second Draw Loans
- PPP Revised Forgiveness Forms Released