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In the blogs: A way forward
Stimulus vs. trash; donating and deducting services; the schedule of automated notices; and other highlights from our favorite tax bloggers.

NOL provisions in CARES Act could spur M&A activity
The CARES Act included several provisions allowing companies to claim net operating losses for past tax years, temporarily reversing some of the limitations in the Tax Cuts and Jobs Act.

NATP announces 2020 TaxCon virtual event
The National Association of Tax Professionals will hold an online education event, featuring live interaction with accounting instructors, attendees and exhibitors, July 27-31, 2020.

U.S. starts probe into digital tax plans from EU to India
The Trump administration is starting investigations into digital services taxes considered by several trading partners from the European Union to India that could lead to tariffs being imposed on the countries’ exports to the U.S.

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