Making the Most of the CARES Act: NOL Carrybacks

Finding the Silver Lining in a Net Operating Loss The CARES Act is designed to minimize the economic impact for individuals and organizations; softening the blow of Net Operating Losses (NOLs) is a significant part of that relief. The CARES Act restores a taxpayer’s ability to file an NOL carryback

Read More

PPP Loan Forgiveness: Change, Change, and More Change!

The first Paycheck Protection Program (PPP) loans were disbursed after April 3, 2020, so thousands of US small businesses are approaching the end of their 8-week covered period for the purpose of PPP loan forgiveness. An extension of time allowing small businesses to spread their PPP loan proceeds beyond 8

Read More