Increasing Cash Reserves During Coronavirus Crisis

ALERT: Although much of the focus has been on the effect of the COVID-19 crisis on families and small
businesses, many provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act are directed
towards large corporate taxpayers. A combination of these provisions and age-old tax strategy could
result in significantly increased cash flow, something desperately needed as the crisis quickly depletes
corporate reserves.

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Kathleen Keenan

kkeenan@gagnontax.com

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