NOL carrybacks – The Burns Firm – Advisors of Complex Financial Matters

CARES Act Changes Rules for NOL Carrybacks and QIP

October 27th, 2020|Categories: Accounting, Business, C Corporation, Partnership, S Corporation, Services, Tax, Tax Credits, Tax Cuts, Tax Deductions|Tags: CARES Act, CPA Dallas, NOL carrybacks, QIP, real estate qualified improvement property, tax, TAx CARES Act, Tax planning, The Burns Firm|

Consider these two favorable federal income tax rule changes included in the Coronavirus Aid, Relief and Economic Security (CARES) Act when deciding whether to take advantage of first-year depreciation breaks [...]