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Monthly Archives: May 2020

COVID-19 Net Operating Loss
May 31, 2020in COVID-19 0 Comments 0 Likes

CARES Act Alert – NOL Filing Deadline Now June 30, 2020

The CARES Act has loosened the rules around net operating loss deductions (NOLs), in addition to other tax relief. The CARES Act provides a five-year carryback for losses earned in

by Courtney Holst
COVID-19 House Proposes More Flexibility for PPP Program. Will Senate Follow?
May 29, 2020in COVID-19 0 Comments 0 Likes

House Proposes More Flexibility for PPP Program. Will Senate Follow?

The U.S. House of Representatives passed a bill on May 28, 2020 that would make it easier for businesses to have their Paycheck Protection Program (PPP) loans forgiven by reducing

by Karen Turner
COVID-19 Missed or Denied a PPP Loan? Good News, Here Are Some Alternatives
May 5, 2020in COVID-19 0 Comments 0 Likes

Missed or Denied a PPP Loan? Good News, Here Are Some Alternatives

The Paycheck Protection Program (PPP) loan is anticipated to quickly run through its second round of $310 billion in funding due to high demand, which will leave many small business

by Karen Turner

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