2020-04-27 Is This Necessary
This week we look at: PPP Loan program and EIDL Grants Get Additional Funding PPP guidance raises question of false certification that loans were necessary, provides other clarifications IRS provides additional guidance on payments to repair homes due to pyrrhotite damage Relief for taxpayers unable to meet foreign earned income exclusions due to COVID-19 Special procedures for taxpayers who are not required to file but wish to file for advance payments IRS gives special relief related to COVID-19 travel restrictions impacting substantial presence test Copyright 2020, Kaplan, Inc.
