4 Tax Provisions CARES Put Into Place You Should Pay Attention To

By Jennifer Eubanks | August 20, 2020 |
CARES Act Tax Provisions

Summary of Keypoints CARES Act purpose: The CARES Act was enacted to support businesses affected by COVID-19, providing tax-related relief measures beyond stimulus checks and unemployment benefits to preserve jobs and improve cash flow. Net Operating Loss (NOL) changes: Businesses can carry back NOLs incurred between December 31, 2017 and January 1, 2021 to prior…

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