FICPA Podcasts

Federal Tax Update: Just kidding

May 25, 2020  


This week we look at:

  • PPP guidance on foreign affiliates, §501(c)(12) utilities, the actual final extension of the PPP repayment date and the SBA backing off the threats on necessity of the loan certification
  • IRS discusses which date to use to value certain stock based compensation
  • Changes made to maximum medical FSA carryovers for cafeteria plans
  • IRS issues COVID-19 related relief for cafeteria plans
  • The tax consequences of payments to students discussed in IRS FAQ which uses §139 to exclude them from income
  • IRS releases inflation adjusted HSA and HDHP numbers for 2021