Live event participants can earn up to 1 CPE credit in the Taxes field of study.
Program description:The private equity industry, like all others, has been overwhelmed by the COVID-19 pandemic and the impact that the “Great Lockdown” has had on the global economy. As a result, fund managers have questions around what assistance is available for the funds, portfolio companies, and management companies to free up liquidity and cash flow.
Program level: Intermediate
Prerequisites: Current or past experience with private equity and portfolio company planning and/or implementation issues.
Advanced Preparation: None
Topics to be discussed include:
- Status of Federal loan and grant program, including:
- Tax developments in response to COVID-19:
- Update on federal legislation
- Accelerated depreciation of qualified improvement property (QIP)
- NOL carrybacks
- Changes to limitation on business interest expense (163(j))
- Deferral of employment tax deposits
- Payroll tax credits
Instructional Delivery Method:
Group Internet BasedWho Should Attend:
Those in the private equity industry interested in learning more about the various forms of financial and tax relief offered by the federal government in response to the COVID-19 pandemic.
CohnReznick LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State board of accountancy have final authority on the acceptance of individual courses for CPE credits. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org