CARES Act - Williams Parker Attorneys at Law

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The Consolidated Appropriations Act Extends the 2020 Charitable Deductions and Provides Disaster Relief Unrelated to COVID-19

January 5, 2021 Williams Parker Trusts & Estates

The Consolidated Appropriations Act, 2021 (the “CAA”), signed into law by President Donald Trump on December 27, 2020, provides further relief for individuals both related and unrelated to COVID-19. Such relief includes an extension of the charitable deduction allowances granted under the Coronavirus Aid, Relief, and Economic Security Act (the…

IRS Releases Guidance on CARES Changes to Business Interest Expense Limitation and Bonus Depreciation for Qualified Improvement Property

April 22, 2020 CARES Act

The IRS has released guidance on certain business tax provisions of the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act. Released on Friday, April 10, Rev. Proc. 2020—22 informs taxpayers how to make certain elections with respect to the newly relaxed business interest expense limitation and provides real estate and…

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The Consolidated Appropriations Act Extends the 2020 Charitable Deductions and Provides Disaster Relief Unrelated to COVID-19

IRS Releases Guidance on CARES Changes to Business Interest Expense Limitation and Bonus Depreciation for Qualified Improvement Property

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