The IRS announced the 2020-2021 Priority Guidance Plan, which is a list of tax issues it plans to address. For example, the IRS expects to have issued by the end of 2020 all guidance necessary for the Tax Cuts and Jobs Act. On this list are guidance on certain changes made to 401(k) plans by the SECURE Act and guidance on SBA loans under the CARES Act. #IdeaoftheDay
Barbara Weltman
Big Ideas for Small Business, Inc.
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