CARES Act Offers New Net Operating Loss Rules to Help Businesses
April
22
2020
While the Paycheck Protection Program and EIDL loans garnered a majority of the attention from the Coronavirus Aid Relief and Economic Security (CARES) Act, a major step to repeal net operating loss (NOL) restrictions has flown under the radar. The Tax Cuts and Jobs Act (TCJA) passed in 2017 put a limitation on losses that …
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