May 29, 2021

Forbes columnist Julie Jason interviewed Tax Partner Diane Giordano for an article on whether to amend 2020 returns after new PPP guidance or use the safe harbor in 2021.

Forbes

By Julie Jason

Forbes columnist Julie Jason interviewed Tax Partner Diane Giordano for an article on whether to amend 2020 returns after new PPP guidance or use the safe harbor in 2021. Paycheck Protection Program

Excerpt:

Giordano pointed out that the new IRS guidance “is meant to be helpful, specifically for those who do not like to amend returns.” But she added that others may find it simpler to file an amended 2020 return… “It is likely that taxpayers would prefer to file an amended return rather than wait to take advantage of deductions.” Agreed.

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