Tax laws often change as quickly as the economy does to temper the extreme swings of the economic pendulum. That’s why when the COVID-19 pandemic turned the entire worldwide economy upside down; the CARES Act included provisions to help businesses that were hit hard recoup some of their losses at tax time. The 5-year NOL...Read More

The effects of COVID-19 on businesses have been staggering, particularly in sectors such as hospitality, dining, and entertainment. It seems that no company has been untouched by the pandemic. So, on March 27, 2020, the CARES Act was enacted to buffer the financial hits that companies and their employees were taking.  As part of the...Read More