2020-06-27 CARES Fix for the RMDs that Aren't RMDs

This week we look at:

• IRS issues clarifications on claiming the employee retention credit

• SBA issues formal interim final rules modifying forgiveness rules for PPPFA

• Additional final regulations issued under §199A

• Proposed regulations released to deal with the TCJA parking lot tax

• IRS announces interest will be paid on refunds for returns filed by 7/15/20, with interest starting to accrue at 4/15/20

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