CARES Act Made Changes To Excess Business Losses

The Coronavirus Aid, Relief and Economic Security (CARES) Act made changes to excess business losses. This includes some changes that are retroactive and there may be opportunities for some businesses to file amended tax returns. If you hold an [...]

By |2020-08-26T13:51:38-04:00August 26th, 2020|Categories: Blog, Tax|Tags: , , , , , , , |Comments Off on CARES Act Made Changes To Excess Business Losses

The CARES Act Liberalizes Net Operating Losses

The Coronavirus Aid, Relief, and Economic Security, or CARES Act, eliminates some of the tax-revenue-generating provisions included in a previous tax law. Here’s a look at how the rules for claiming certain tax losses have been modified to provide [...]

By |2020-05-04T13:24:29-04:00May 4th, 2020|Categories: Blog, COVID-19, Tax|Tags: , , |Comments Off on The CARES Act Liberalizes Net Operating Losses