Understanding the excess business loss limitation and the CARES Act impacts
This course will be an overview of: The excess business loss limitation enacted by the Tax Cuts and Jobs Act and to whom it applies The temporary suspension of the excess business loss limitation by the CARES Act, and planning strategies related to the suspension How the excess business loss interacts with other loss limitation provisions How to calculate the business loss using Form 461 WE RECOMMEND USING GOOGLE CHROME
This course will be an overview of: The excess business loss limitation enacted by the 2017 Tax Cuts and Jobs Act (TCJA) and to whom it applies How the excess business loss interacts with other loss limitation provisions How the 2020 Coronavirus Aid, Relief, and Economic Security Act (CARES Act) impacts the excess business loss rules How to calculate the business loss using Form 461
Field of study:
TaxesInstructor(s):