IRS Issues Draft Form 941 and Instructions
Bob Grossman
May 7, 2020
The Coronavirus Aid, Relief and Economic Security (CARES) Act as well as the Families First Coronavirus Response Act (FFCRA), both
The Coronavirus Aid, Relief and Economic Security (CARES) Act as well as the Families First Coronavirus Response Act (FFCRA), both
IRS Notice 2020-32, released last week, clarified that expenses paid with proceeds from a Paycheck Protection Program (PPP) loan will
The Internal Revenue Service confirmed on May 6, 2020, that deceased taxpayers are not eligible for the coronavirus stimulus payment
The Treasury issued new guidance on May 5, 2020, regarding an employer’s ability to qualify as for the Employee Retention
On May 5, 2020, the SBA issued yet another new addition to its PPP FAQs, the latest in a “dribble
The SBA issued additional guidance related to the Paycheck Protection Program (PPP) loan forgiveness reduction calculations, adding three new questions
The CARES Act created the Paycheck Protection Program (PPP) to provide loans to assist businesses and not-for-profit (NFP) organizations through
On April 30, 2020, the IRS issued Notice 2020-32, to explain that a Paycheck Protection Program (PPP) loan recipient cannot
After getting hung up for several weeks in the Senate, on April 24, 2020, President Trump signed the Paycheck Protection
The IRS issued Rev. Proc. 2020-25 on April 17, 2020, providing guidelines for how taxpayers can take advantage of the
On April 9, 2020, the Internal Revenue Service and Treasury issued additional guidance to specifically address the new net operating
In deference to fairness, on April 9, 2020, the Internal Revenue Service issued Notice 2020-23, which extended the tax filing