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CARES Act Archive

Business Tax Refunds Must Be Provided Quickly During Future Downturns

TweetShareSharePin0 Shares During the pandemic, policymakers relied on the Internal Revenue Service (IRS) to administer business relief through the tax code. The emergency relief, including business tax refunds for net operating losses (NOLs), was intended to quickly help businesses that lost their source of income during the pandemic. A new report from the Government Accountability
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