The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) passed on March 27, 2020, made temporary changes to the net operating loss (NOL) rules for tax years beginning after December 31, 2017, and before January 1, 2021. As a result, taxpayers can potentially carry back up to five years of NOLs generated in 2018 through 2020. During this webinar, we’ll cover the new NOL rules and potential tax planning opportunities available to help generate or increase NOLs, potentially resulting in cash tax refunds.
Upon completion of this program, participants will be able to:
- Describe the new NOL rules under the CARES Act, including potential federal tax planning opportunities available to help generate or increase NOLs
- Discuss the international tax implications and potential tax planning opportunities of NOL carrybacks
- Discuss the state income tax filing responsibilities and potential opportunities as they relate to federal NOL carryback claims
Please note: Due to space limitations, registration will not guarantee live webcast attendance. All registrants will receive archive access. This webcast will not feature any phone or call-in option for audio.