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This week we look at: PPP loan program FAQ gets updated by SBA IRS releases §163(j) relief for real estate and farming businesses Procedures released for making election to waive NOL carryback period under CARES provisions IRS explains the payroll tax deferral program Partnerships covered by BBA CPAR given temporary reprieve from centralized audit rules Six month extension granted to file Forms 1045 and 1139 IRS greatly expands list of returns, payments and actions extended to July 15, 2020. Copyright 2020, Kaplan, Inc.