Under the Cares Act, company losses can be carried through 2025. This applies to companies with employees from certain groups, such as veterans and long-term unemployed individuals (who haven’t found work for more than 27 weeks).
According to specialists, if companies can hire high-level employees and still be eligible for the credit, it’s beneficial to all parties involved.
Check out these 14 Most Overlooked Tax Write-Offs You Don’t Want to Miss!
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