Tax Podcast: PPPFA Becomes Law

June 8, 2020

Stay up to date on federal tax developments with this weekly tax podcast by Edward K. Zollars, CPA, Phoenix, Arizona. 

This week's topic: PPPFA Becomes Law

• Payroll Protection Program Flexibility Act of 2020 enacted into law on June 5, 2020
• Relief from physical presence rules given to qualified plans
• IRS expands Qualified Opportunity Zone relief and extends period for existing relief
• IRS returns to tax basis capital computation issues - gives two different proposed methods

Federal Tax Development Update - 6-8-20

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