WEBINAR: The CARES Act: Understanding the Tax Implications for Private Equity

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PLANTE MORAN

Event Details

When:

April 16, 2020 1 PM - 2 PM CDT

Cost:
Free

Overview

Body

The Coronavirus Aid, Relief, and Economic Security (CARES) Act is a $2.2 trillion bill designed to support the economy during the COVID-19 pandemic. The bill provides tax relief and tax incentives for individuals and businesses alike, including an employee retention credit, payroll tax deferral, lessened limitations imposed on deductions, and more. But what are the implications and opportunities for private equity?

During this webinar, Plante Moran experts will discuss the current state of capital markets and recent legislation that affects private equity. We’ll cover the CARES Act tax provisions that impact private equity including:

  • Utilization of net operating losses (NOLs)
  • Increase of the business interest expense deduction
  • Changes to expensing of costs associated with qualified improvement property
  • Deferral of payment of employer portion of Social Security taxes
  • Employer tax credit for employee retention due to COVID-19 closure
  • Changes for excess business losses from pass-through and businesses reported on schedules C, E, and F
  • Corporate AMT refundable credits

We’ll also briefly cover the current disaster relief loan programs including: 

  • SBA 7(a) Paycheck Protection Program
  • Title IV direct lending program
  • SBA Economic Injury Disaster Loans
  • Main Street Lending program
  • Troubled Debt Restructuring (TDRs)

Speakers

Jeremy Sikkema

Senior Tax Manager
Plante Moran

Don Stanovcak Jr, JD

Manager
Plante Moran

Shawn Dubinsky

Manager
Plante Moran

Thank you to our sponsors!

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