2020-06-15 TCJA Returns-Like Kind Exchanges

This week we look at:

• SBA begins issuing revised guidance to take into account PPPFA changes to PPP loan program
• IRS rules no inclusion in income or payroll tax liability for programs where employees donate leave time to COVID-19 charities
• Proposed regulations would expand deductions for medical expenses
• Post-TCJA real estate like-kind exchange proposed regulations issued by the IRS

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