FICPA Podcasts

Federal Tax Update: BBA Audit Flowchart

July 13, 2020

https://vimeo.com/user37230624/download/437684337/5436acc6d3

https://www.currentfederaltaxdevelopments.com/podcasts/2020/7/12/2020-07-13-bba-audit-flowchart

 

This week we look at:

  • W2s will report FFCRA sick and FMLA pay to each employee
  • Congress extends PPP loan program through August 8, 2020
  • FAQ looks at the tax implications of receiving a CARES Provider Relief Payments
  • Depreciation limits for vehicles for 2020 released by the IRS
  • §265(a)(1) does not bar deduction under UBIT rules for a charity
  • Flowchart for BBA CPAR audit regime published by the IRS