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IRS Says Forgiven PPP Loans Result in Loss of Deductions; Congress May Change That Result

The Coronavirus Aid, Relief, and Economic Security Act, or the CARES Act, was signed into law by President Trump on March 27, 2020. One of the key economic aid provisions for businesses contained in the Act was the Paycheck...more

Key Tax Provisions Affecting Businesses Contained in the CARES Act

The economic aid and recovery bill that has been the subject of heated debate within Congress and much coverage in the news media was signed into law by President Trump on March 27, 2020. The new law, known as the...more

Strategies for Funds Facing Liquidity Issues as a Result of the COVID-19 Pandemic

Due to economic conditions that have resulted from the COVID-19 pandemic, many regulated investment companies (“RICs”) may have liquidity issues with respect to their investment portfolios. One alternative for RICs that are...more

Tax Reform: Impact on Private Equity and M&A

On December 22, 2017, new tax legislation commonly referred to as the Tax Cuts and Jobs Act (the “Act”) was signed into law. The Act represents a major overhaul of the U.S. federal tax system and includes many new provisions,...more

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