2020-07-27 Third Time to Court on Conservation Easement

This week we look at: Discussions continue on fourth COVID bill in the Senate SBA announces the agency will begin accepting lender’s documents for PPP loan forgiveness on August 10 (maybe) IRS releases percentages for the premium tax credit for…

2020-07-27 Third Time to Court on Conservation Easement

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This week we look at:

Discussions continue on fourth COVID bill in the Senate
SBA announces the agency will begin accepting lender’s documents for PPP loan forgiveness on August 10 (maybe)
IRS releases percentages for the premium tax credit for 2021
IRS position taken for strategic reasons in another conservation easement case doesn’t bind the agency in a case with an unrelated taxpayer
Second Circuit agrees with Tax Court that property was note used in a trade or business

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