Tax Podcast: Expenses Used for PPP Forgiveness and S Corporations

January 10, 2022

Stay up to date on federal tax developments with this weekly tax podcast by Ed Zollars, CPA-AZ.

This week's topics:

  • 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
  • An audio only version of this week’s update can be downloaded or streamed below

Federal Tax Development Update - 1/10/22

View all News