I know there are several small businesses out there that are receiving money from the PPP loan and there are even more that are in line to receive money in the second round. If you’ve applied for this loan or are considering it, remember, the purpose of this loan is to save jobs! I also […]
In 2017, the Tax Cuts and Jobs Act eliminated carrying back of Net Operating Losses (NOLs). However, with recent economic hardships from the Coronavirus, new provisions in the CARES act now waive that and businesses can now carry back a NOL arising in a taxable year beginning after Dec. 31, 2017, and before Jan. 1, […]
