View the recording of this presentation made at the Federal Taxation Interest Group on May 20, 2020. The session provides an update on business and individual tax impacts of the CARES Act. Highlights include:
- Qualified improvement property (QIP) fix
- Section 163(j) changes
- Employee Retention Credit
- Payroll tax deferral
- Net operating Loss (NOL) changes
- Section 461(l) changes
- Special retirement fund utilization
- Charitable contribution changes
- Individual stimulus payments