Family Office Fridays: Tax Planning for Individuals and Family Offices in Response to COVID-19

KPMG LLP (KPMG) invites you to a TaxWatch webcast where professionals from our Washington National Tax office will review a number of the key tax provisions affecting individuals and family offices from the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”). In addition, such professionals will also focus on a few other tax planning considerations for individuals and family offices based on the current economic environment.    

Topics to be covered include:

• Carryback of Qualifying Disaster Losses under Section 165(i)
• Temporary Repeal of Excess Business Loss Limitation under Section 461(l)
• Carryback of Net Operating Losses and Other Changes under Section 172
• Gift and Estate Planning Considerations in an Economic Downturn
• Employer Tax Credit & Payment Deferral Opportunities under CARES Act
• SBA and Other Financing Provided Under Cares Act
• Latest View on the Possibility of “Phase 4” Legislative Action
• Open Q&A