Podcast | 1-25-2021

This week’s podcast focuses on the following items:

  • Penalty relief related to partners’ tax basis capital
  • IRS provides limited option for ERC claims on 4th quarter 941
  • Revised PPP First Draw Maximum Loan Calculation
  • PPP Borrowers Who Received Too Much Have to Pay Excess Back
  • Second disbursement for PPP First Draw Loan procedures
  • Gross Receipts Calculation for Second Draw Loans
  • PPP Revised Forgiveness Forms Released

You can listen to the podcastview the video version, and read the corresponding notes.