Recent IRS guidance reduces the minimum aggregate amount of cash required for certain distributions of stock and cash to qualify for the dividends paid deduction.
In order to enhance liquidity of publicly offered real...more
The IRS has issued crucial guidance on procedures to implement tax provisions of the recently enacted CARES Act.
Key Points:
..Allows a five-year carryback for net operating losses (NOLs) generated in 2018, 2019, and...more
The newly enacted CARES Act attempts to lessen taxpayers’ federal income tax obligations and increase their cash flow during the COVID-19 pandemic.
Key Points:
..Allows a five-year carryback for net operating losses...more