Name:
SCORE - Taxes: PPP Forgiveness and Using Business Losses
Date:
October 13, 2020
Time:
4:00 PM - 5:00 PM CDT
Event Description:
In this workshop we will address the business taxes issues related to IRS emergency business funds under CARES Act. For example, the Act provides that the debt discharge of a PPP loan is excluded from the gross income of the business for federal income tax purposes.
We will also advise you if your business is looking to obtain tax refunds as a result of 2020 Tax Code changes on Net Operating Loss (NOSs) carryback.
We will also advise you if your business is looking to obtain tax refunds as a result of 2020 Tax Code changes on Net Operating Loss (NOSs) carryback.