NOLs

Tax Planning Considerations as we Continue to Navigate COVID-19

Tax Planning Considerations as we Continue to Navigate COVID-19

Paige A. Curtiss, CPA COVID‐19 has undoubtedly wreaked havoc on our lives. It is easy to get wrapped up in the day‐to‐day stress that the virus has created, but you will thank yourself in the future if you take a step back and utilize planning opportunities available to

Sonya Foster2021-04-12T14:53:50-06:00September 15th, 2020|

CARES Act NOL Deduction Changes

CARES Act NOL Deduction Changes

The Coronavirus Aid, Relief, and Economic Security (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 businesses with relief from the novel coronavirus (COVID-19) crisis. NOL Deductions Basically,

Sonya Foster2021-04-12T14:54:13-06:00May 12th, 2020|