On April 9, 2020, the IRS issued:
Rev. Proc. 2020-24, which provides guidance under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) relating to relinquishment of certain net operating loss (NOL)...more
4/16/2020
/ Alternative Minimum Tax ,
Business Assets ,
Business Taxes ,
C-Corporation ,
Capital Gains ,
Capital Losses ,
CARES Act ,
Corporate Taxes ,
Cost Recovery ,
Filing Deadlines ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
Net Operating Losses ,
New Legislation ,
S-Corporation ,
Tax Deductions ,
Tax Reform