Stay up to date on federal tax developments with Edward K. Zollars, CPA, Phoenix, Arizona.
This week's topic: CARES Retirement Plan Rules Issued
This week we look at:
• Revised PPP forgiveness application and some rules to take into account PPPFA changes
• Relief granted for PPP loan qualification related to certain felony convictions of owners
• CARES special retirement plan provision relief published by IRS
• Using the wrong FedEx service to file a Tax Court petition costs taxpayer the option to challenge the IRS in Tax Court