2021-09-15T15:06:55+00:002021 Tax Incentive|

Massive Tax Incentive! The recently enacted Coronavirus Aid, Relief, and Economic Security Act (the CARES Act or ‘the Act’) reinstates the ability for taxpayers to deduct current year tax losses against income from a prior tax year and receive immediate tax refund. The concept of a net operating loss carryback (NOLCB) is intriguing. [...]