NOL Procedures Under the CARES Act Offer Tax-Saving Opportunities
The rules for business net operating losses (NOLs) have undergone several changes in recent years. Under the tax reform law
The rules for business net operating losses (NOLs) have undergone several changes in recent years. Under the tax reform law
The Small Business Administration (SBA) and Treasury issued more FAQs related to PPP loans on August 11, 2020. Additional information
Prior to the enactment of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, many taxpayers meeting the specified age
So much has been written about Paycheck Protection Program loans since the Coronavirus Aid, Relief, and Economic Security (CARES) Act
On June 5, 2020, President Trump signed the Paycheck Protection Program Flexibility Act of 2020 (H.R. 7010) into law. The
The House of Representatives overwhelmingly approved the Paycheck Protection Program Flexibility Act (H.R. 7010) on May 28, 2020. The bill
The IRS issued Rev. Proc. 2020-25 on April 17, 2020, providing guidelines for how taxpayers can take advantage of the
On April 9, 2020, the Internal Revenue Service and Treasury issued additional guidance to specifically address the new net operating
There has been a flood of information (and misinformation) about the Paycheck Protection Program (PPP) included in the Coronavirus Aid,
On April 1, 2020, the U.S. Department of the Treasury and the Internal Revenue Service announced that Social Security beneficiaries
Internal Revenue Service guidance on various aspects of the recently passed economic stimulus bills continues to be released on a
With all of the commentary and focus on the potentially-forgivable Paycheck Protection Program loans included in the Coronavirus Aid, Relief
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