2021-08-02 PPP Loan Program Changes Return
This week we look at:
- What we know about tax matters in the bipartisan infrastructure bill
- SBA announces direct forgiveness application platform, more PPP changes
- Taxpayer allowed a deduction for expenses related to MBA program
- Paid leave credit expanded to cover more vaccine related issues
- BBA CPAR email notes issues with imputed adjustment calculation
- Second Circuit overturns foreign trust penalty decision in favor of IRS
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