Wednesday, December 2nd, 12-2pm | 2 CPE Credits
In these unprecedented times, everyone is looking to improve cash flow. The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) includes several provisions that allow taxpayers to revisit projects completed in earlier, more profitable years, and generate even more value. In this webinar, we will explore these opportunities to “turn back the clock,” including the retroactive correction of QIP’s recovery period and the option to revoke electing-out of the business interest limitation. We will also review other strategies that are crucial parts of a comprehensive tax plan in 2020 and will discuss a strategic hierarchy for employing those strategies most successfully. Relevant Rev. Procs. and multiple real-life case studies will be reviewed.