Derren JosephDerren is a part of an international tax team that works with 6, 7 and 8 figure International Entrepreneurs, Expats and Investors to legally minimize their global tax burden and protect their wealth. Strategies include second citizenships, second residencies, trusts, foundations, insurance wrappers and other offshore structures.
Modifications of the Tax Cuts and Jobs Act of 2017 in the CARES Act
I’m just going to summarize what was explained in more detail here –
https://www.mooresrowland.tax/2020/03/congress-passes-coronavirus-aid-relief.html
On March 27, 2020, the Coronavirus Aid, Relief and Economic Security (CARES) Act cleared the House vote and was signed into law. As the most expensive legislation ever passed, the CARES Act includes tax relief and incentives designed to help both businesses and individuals impacted by the COVID-19 pandemic. In addition, the CARES Act modifies certain provisions that were previously amended by the Tax Cuts and Jobs Act (TCJA). These changes include:
Table of Contents: Modifications of the Tax Cuts and Jobs Act of 2017 in the CARES Act
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