close
Share with your friends

KPMG report: Cash-flow planning, leveraging tax accounting methods and credits (COVID-19)

KPMG report: Cash-flow planning, coronavirus

As the coronavirus (COVID-19) pandemic continues to create economic strain and uncertainty for businesses in virtually every sector, companies are focused on effectively managing cash.

1000

Related content

The “Coronavirus Aid, Relief, and Economic Security Act” (CARES Act) includes tax provisions designed to support the efforts of companies to preserve and perhaps enhance cash flow. This, along with traditional tax accounting method and credits techniques and procedures, can provide companies with means to support cash management efforts.

This report from KPMG provides a summary of 15 opportunities (some extremely time sensitive) that can help drive cash-flow. This report has been updated subsequent to March 30, 2020.

Read a March 2020 report [PDF 84 KB] prepared by KPMG LLP: What’s News in Tax: Cash Flow Planning: Leveraging Tax Accounting Methods and Credits to Generate Cash Flow (updated April 17, 2020)

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal