2020-08-17 Checks Stuck in the Trailer

This week we look at: Taxpayer denied relief for late rollover when taxpayer had “borrowed” funds from IRA Management company was not the customer for rental of vacation home IRS gives relief for taxpayers who end up with dishonored checks…

2020-08-17 Checks Stuck in the Trailer

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This week we look at:

Taxpayer denied relief for late rollover when taxpayer had “borrowed” funds from IRA
Management company was not the customer for rental of vacation home
IRS gives relief for taxpayers who end up with dishonored checks due to IRS delays in opening mail
SBA updates PPP FAQ with information on insurance as a payroll cost
Guidance on interaction of EIDL advances and PPP loan forgiveness
SBA issues IFR on appeal procedures for PPP loans

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