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Novel Forgivable Loan Program May Provide Therapy to Ailing Businesses

On March 25, 2020, the Senate approved legislation known as the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act or the Act), which is designed to provide financial assistance to individuals, businesses,...more

NMTC Considerations in Respect of COVID-19 Crisis

The New Markets Tax Credit (NMTC) Program is intended to facilitate flexible, long-term investments in businesses located in low-income communities. The attributes of the program are particularly helpful during situations...more

HTCs Not Immune to COVID-19

The COVID-19 outbreak could bring a number of significant financing considerations in syndicated Historic Tax Credit (HTC) transactions into focus as the economic impacts of the virus are felt by businesses....more

3/26/2020  /  Coronavirus/COVID-19 , IRS , Tax Credits
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