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ADOR Affirms Deductibility of PPP Loan-Related Expenses but Unanswered Conformity Questions Remain

Alabama Department of Revenue

by Bruce P. Ely and Bethany B. Davenport The Alabama Department of Revenue issued helpful updated guidance early yesterday,…

1/7/2021

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Business Loan Program Temporary Changes; Paycheck Protection Program as Amended by Economic Aid Act

Tax

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1/7/2021

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FASB Clarifies Scope of Recent Reference Rate Reform Guidance

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1/7/2021

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Treasury issues millions of second Economic Impact Payments by debit card

IRS Newsroom

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1/7/2021

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Eligible Paycheck Protection Program expenses now deductible

IRS Newsroom

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1/6/2021

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Treasury, IRS provide final regulations to help businesses claim credits for carbon capture

IRS Newsroom

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1/6/2021

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ADOR Guidance Related to Governor Kay Ivey's 21st Supplemental Emergency Proclamation

Legislative Updates

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1/6/2021

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ALDOR Announces Relief for Taxpayers Affected by Hurricane Zeta

Alabama Department of Revenue

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1/6/2021

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IRS revises Form 1024-A, application for Section 501(c)(4) tax-exempt status as part of ongoing efforts to improve service

IRS Newsroom

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1/5/2021

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