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CARES Act

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CARES Act

Coronavirus Student Loan Relief

The federal government is providing sweeping relief to most federal student loan borrowers. The CARES Act provided a number of breaks for student loan borrowers, who collectively now owe $1.6 trillion in federally-guaranteed student loans.

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CARES Act

Are You Entitled to a Tax Refund? The CARES Act May Allow Your Business To Take More Net Operating Loss Deductions and Boost Cash Flow

The CARES Act provides a number of tax benefits designed to provide relief and improve short-term cash flow for both corporations and individuals. Among them is Section 2303 – Modifications for Use of Net Operating Losses. This is an important concept, and will likely prove to be a valuable tax change that substantially benefits many businesses who have been economically damaged by the coronavirus.

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