Dr. Amin Samadian has re-opened his practice as California Governor lifts some restrictions.
Orinda, CA – Dr. Amin Samadian, a leading comprehensive dentist in the Bay Area has reopened his doors after several weeks of closure in light of COVID-19.
Dr. Amin Samadian’s re-opening is in line with Governor Gavin Newsom’s plan to open the state in phases. COVID-19 data will continue to be monitored to ensure that the reopening phases go as planned.
“We are prepared and excited to start seeing our patients again,” says Dr. Amin Samadian. “We will continue to follow the CDC, ADA and CDA’s guidelines to keep our patients healthy and safe during this time.”
As always Dr. Amin Samadian and his team will maintain the highest standards of sanitation within our facility. All surfaces, devices and treatment rooms will be sanitized with medical-grade disinfectants and the team will be in full PPE. All the patients get screened thoroughly and if necessary get tested. High volume evacuators HVE and HEPA / UV air filtration systems will be used. Antiviral mouthwashes and hand sanitizers are implemented and patients will practice social distancing while in the office. Both the staff and patients will wear face covers the entire time, except for the patients while they’re receiving dental treatments which then, we will use throat barriers and high volume suctions for them.
Upon arrival, please call the practice at (925-254-2360) and wait in your car. A member of the team will reach out when it is time to come into the treatment room. This allows for social distancing within the waiting areas.
Patients can now return to Dr. Amin Samadian to seek out comprehensive and advanced dentistry including dental implants, crowns and veneers, invisalign clear aligners, routine dental hygiene care, gum surgeries, TMJ and sleep apnea treatment and more!
To schedule a consultation with Dr. Amin Samadian, visit https://www.samadiandds.com/ or call his office at (925-254-2360).
About Dr. Amin Samadian
Dr. Amin Samadian, founder of DION Health, is a leading advanced dentist in San Francisco Bay Area. He specializes bite reconstructions, LASER assisted gum surgeries, and guided implant placement. Through his comprehensive approach to dentistry, Dr. Amin Samadian provides his patients with the highest standard of dental care.
Media Contact Company Name: Dr. Amin Samadian Contact Person: Media Relations
Phone: (925-254-2360) Address:23 Orinda Way, Suite 301 City: Orinda State: California Country: United States Website:https://www.samadiandds.com/
Gonyon Cosmetic & Plastic Surgery has re-opened their doors as Colorado Governor lifts some restrictions.
Fort Collins, CO – Gonyon Cosmetic & Plastic Surgery a best in class surgical center in the Northern Colorado area has re-opened their doors after several weeks of closure in light of COVID-19.
Gonyon Cosmetic & Plastic Surgery’s reopening is in line with Jared Polis’s plan to open the state in phases. COVID-19 data will continue to be monitored to ensure that the reopening phases go as planned.
“Our team is looking forward to seeing our patients again,” says Dr. Gonyon. “We will continue to follow the CDC’s guidelines to keep our patients healthy and safe during this time.”
Patients can now return to Gonyon Cosmetic & Plastic Surgery to seek out cosmetic surgeries including, breast augmentation, gynecomastia, tummy tucks, and more!
The Gonyon Cosmetic & Plastic Surgery team will continue to maintain a highest standard for sanitation within our facility. Employees are washing their hands consistently. All surfaces, devices and treatment rooms will be sanitized with medical-grade supplies.
Gonyon Cosmetic & Plastic Surgery kindly requests that if you are feeling sick to reschedule your appointment. Masks and gloves are strongly encouraged for all office visits. Upon arrival please call the office at 970-283-7296 to check in and wait in your car. A team member will reach out when it is time to come into the treatment room to allow for social distancing prior to your appointment.
To schedule a consultation with Dr. Gonyon, visit https://www.drgonyon.com/ or call their Johnstown office at 970-283-7296.
About Gonyon Cosmetic & Plastic Surgery
Gonyon Cosmetic & Plastic Surgery is a fully accredited surgical facility that provides premier and private care for their patients. Both surgical and non-surgical treatments are executed with expertise and care in a clean and safe environment.
Express Cards is providing a new and highly user-friendly option for cryptocurrency owners to buy virtual Visa gift card with Bitcoin. This allows Bitcoin owners to shop online wherever they want, even on websites that don’t accept cryptocurrencies.
(Location/Date) – While Bitcoin has seen exponential growth in the past few years, it is still not widely accepted as a payment method at most online shopping websites. ExpressCards.Net is now making it easy for Bitcoin owners to shop online from anywhere in the world using the cryptocurrency. The company is now offering an array of virtual Visa gift cards at varying price points that interested people can purchase using Bitcoin. Once the virtual Visa card has been purchased, the card owner can shop on Amazon, eBay or any online shopping website that accepts Visa payments.
A spokesperson for Express Cards made an official press statement to share further details regarding their business model “Here at Express Cards, we work relentlessly to truly embody our name. We strive to offer a lightning fast payment solution for Bitcoin owners who want to spend their cryptocurrency on online shopping websites.”
He further added “We have simplified the process so our patrons can easily buy virtual Visa gift card with Bitcoin and have the virtual card delivered to their email within a few minutes. We make it all possible by charging a small fee per transaction, without any hidden charges.”
In addition to virtual Visa gift cards, Express Cards also offers iTunes gift cards that can be bought in the same way using Bitcoin. With Visa gift cards being available for up to USD $1000, the iTunes cards are also available at three different price points.
More details about Express Cards can be seen on their official company website at https://expresscards.net/.
Winter Park Plastic Surgery and Laser Center has reopened as Florida Governor lifts some restrictions.
Winter Park, FL – Winter Park Plastic Surgery and Laser Center, a best in class surgical center in Florida has reopened their doors after several weeks of closure in light of COVID-19.
Winter Park Plastic Surgery and Laser Center has re-opened in line with Ron DeSantis’s plan to open the state in phases. COVID-19 data will continue to be monitored to ensure that the reopening phases go as planned.
“The team at Winter Park Plastic Surgery and Laser Center looks forward to seeing our patients again,” says board certified plastic surgeon Dr. Scott Greenberg. “We will continue to follow the CDC’s guidelines to keep our patients healthy and safe during this time.”
Patients can now return to Winter Park Plastic Surgery and Laser Center to seek out cosmetic surgery, laser treatments, injectables and skin care.
As always, the Winter Park Plastic Surgery and Laser Center team will maintain the highest standards of sanitation within our facility. Employees are washing their hands consistently and all surfaces, devices and treatment rooms will be sanitized with medical-grade supplies.
Winter Park Plastic Surgery and Laser Center asks that if you are feeling sick to please reschedule your appointment. Masks are also required for office visits. Upon arrival please call the practice at (407) 644-3137 and wait in your car. To allow for optimal social distancing, a member of the team will reach out when it is time to come into the office.
To schedule a consultation with Winter Park Plastic Surgery and Laser Center, visit http://scottgreenbergmd.com/ or call their office at (407) 644-3137.
About Winter Park Plastic Surgery and Laser Center
Dr. Scott Greenberg is dedicated to each individual patient. He and his staff share the philosophy of “providing safe, comprehensive, and professional care while attending to each patient’s individual plastic surgery needs.”
Dr. Greenberg has worked very hard to provide a state-of-the-art plastic surgery office and surgical suite for his Orlando and Winter Park, Florida, patients.
Media Contact Company Name: Winter Park Plastic Surgery and Laser Center Contact Person: Media Relations
Phone: (407) 644-3137 Address:1925 Mizell Avenue, Suite 303 City: Winter Park State: Florida Country: United States Website:http://scottgreenbergmd.com/
Portmore, Jamaica: As I watched the news and saw this beautiful black labrador that you and your friends tied to a rope and fed to a giant crocodile while laughing, my blood froze. His terrifying cries carried a weight that hurt my soul in ways no words can describe. In this video, I heard your friend calling your name “Ryan”. When I realized the depth of your wickedness and the darkness of your soul, I just wished that you and your friends were the ones who fell into this pond on that day. Had you and your friends fell in that pond, the world would be a better place.
”Ryan”, we did not need to see your face to tell your age, we already know that you are a grown man, that you have no teeth and that you live in Portmore, so please be patient with the Police, your day will come and you will walk the infamous walk of shame. You see “Ryan”, everything you do in this world has a meaning, the energy that you send in the universe is the same one that you are calling upon your own life. No need to call LA Lewis or “Snake Eye”, they won’t be able to help in your case, no Obeah and no guard ring is going to protect you from what is coming your way. I just thought I’d let you know. The US Ambassador Donald Tapia even bet $5000 US dollars on your head, and he does not look like the kind of man who likes loosing money, does he? Even the Honorable Andrew Holness has heard about your case and been asked to intervene in the investigation.
So please be patient while the police is working on your case, COVID 19 may have slowed things down but I got great news for you “Ryan”, let me reassure you for a second: you will get arrested. As a matter of fact, you should pray that the police finds you first, because what will happen to you in prison is probably sweeter than what will happen when God’s wrath strikes you if you try to get away with it. So pack your bag “Ryan”, you’re going on a long-term vacation. I have attached a picture of your new upcoming residence, I know it may not be quite what you’re expecting but I hope you like it because they made this suite just for you and your friends.
I know that you can feel something is in the air right now, can’t you “Ryan”? I know… I feel it too. Bob Marley said it best “There’s Natural Mystic Blowing Through The air”…. And this time, it has your name on it and it won’t stop until it does what it is called to do. Just like “Magic”… The perfect Alchemy is slowly emerging.
So… May you no longer know peace, may you no longer know love, may you no longer know joy, and may total destruction come upon you wherever you are. God knows who you are “Ryan”, and you will soon learn that He will not be mocked. For all the evil that you and your friends did, may you be forever cursed.
This precious and innocent creature that you murdered was an angel, a gift from God to the world. This dog is now crying out for justice from the other side and we are his voice. “There’s Natural Mystic Blowing Through The air”…. “Ryan”… “Ryan”… “Ryan”…
In the wake of COVID-19, a new economic climate has emerged. Life’s been put on pause, and so has normality for businesses across America. As we’ve seen a sharp decrease in consumer spending on non-essential goods, many industries are finding themselves in a season of uncertainty.1 Recently passed legislation has allocated over $600 billion to keep these small businesses and their employees afloat with programs such as the Paycheck Protection Program.2
Yet businesses still need their losses covered as much as possible, and navigating insurance policies to find a solution is difficult. Below we’re discussing what type of insurance coverage might help you amidst the current pandemic.
Covering Your Losses: Business Interruption Coverage
If you’ve lost revenue from the pandemic, you’ll want to focus on business interruption insurance. First and foremost, acquire a comprehensive copy of your insurance policy; your policy may or may not cover business interruption losses, and even then, the details widely differ.
What Is Business Interruption Insurance?
General business interruption insurance is an add-on to property insurance, covering losses if a business is unable to use its insured property normally. This coverage is triggered by a “cause of loss,” which should be described in your insurance policy. Typically, this cause of loss must be direct physical damage to your property – such as fire or water damage.3 There are also various subtypes of business interruption insurance that you should look for:
Business income coverage: This covers a consistent loss of income as a result of business closure.
Contingent business interruption coverage: This is the same premise as business interruption coverage, but applied to your entire supply chain. For instance, if your supplier’s institution closes due to damage, you would qualify for contingent coverage.
Civil authority coverage: This covers losses caused by forced business closure by civil authority. In this case, this is most applicable to state legislatures closing non-essential businesses. This policy also usually requires some form of physical damage.4
Does Business Interruption Insurance Cover COVID-19 Losses?
Unfortunately, many insurers are hesitant to apply business interruption coverage to coronavirus-related losses. These rejections occur on the grounds that a pandemic is not considered “physical damage,” and some insurers even explicitly exclude virus outbreaks in their policies.
Still, this doesn’t mean that you shouldn’t file a claim. Some state legislatures have introduced bills that would require insurers to pay business interruption claims related to COVID-19, even if there are virus exclusions.5 See what your insurance policy qualifies as cause of loss, check local legislation and talk to your insurer.
Policies That Protect You From More Losses
It’s unlikely that being sued for liability will be a large concern for most small businesses, considering the difficulty of tracking virus contraction. Still, liability lawsuits are a legitimate fear. Liability insurance shields businesses from these potential losses.
The Importance of Liability Insurance
Commercial general liability insurance protects businesses from losses responding to injury or endangerment. Regarding COVID-19, this could manifest in lawsuits accusing employers of not taking enough precautions or exposing employees to the virus.
Nonetheless, be aware that not all liability policies include virus outbreaks. Clauses including outbreaks are most commonly seen in the events and hospitality industry, where they’re most likely to occur. Less applicable, although still worthwhile to note, is professional liability insurance – this prevents losses from accusations of malpractice or negligence.6
This is a trying time for businesses. It’s taxing to both adapt to this new way of life and keep up with the revenue losses that are inevitable for many. If you’re a business owner seeking relief, try to leverage the insurance policies you have in place. Most importantly, however, don’t lose hope if you can’t get coverage. The government is continuously seeking ways to help struggling businesses, and business quarantine measures are being loosened in many areas across the country.
This content is developed from sources believed to be providing accurate information, and provided by Twenty Over Ten. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.
It is true, what you eat can and often does reflect on your body – either good or bad. The better you eat, the better it can be for all of your body parts, including your hair, skin, nails, bones, and overall general healthy appearance.
Healthy eating habits are essential, and we all know that. Even if you ask the daily junk-food-eaters about this, they will also nod their heads in agreement. Surprisingly, we all know about the benefits but can become helpless with the unusual demands of our taste buds and old habits.
So, keeping all the distractions aside, let’s understand how good eating habits benefit our overall health and body.
Weight loss
One of the first and the foremost reasons that will make you accept better eating habits may be to reach your weight loss goals. When you start eating healthy food that can include low carbs, green veggies, salads, and juices, your body begins to use the stored fat for its functioning. Thus, such a healthy diet helps you to lose the extra ‘bodyweight” more quickly. Further, if you are following a specialized diet, skipping breakfast may not be the best idea, as it can throw off your blood sugar, and even increases your fat storage. A good rule of thumb may be to include 4-5 servings of fruit in your diet each day. Even though some fruit can have moderate calories, they can also add high-level nutrients.
Controls mood
Believe it or not, when you eat healthy food, everything goes inside your body in a stabilized state; no extra carb or protein shakes may be needed, just a pure and well-balanced diet. And, as food has its direct connection with your mind and body, it does its work by cheering up you from inside. Multiple pieces of research have shown that green leafy vegetables in breakfast can help you to stay happy and healthy by increasing your folate levels. Notably, low folate levels may be a cause of depression.
Boosts immune system
Healthy eating has always maintained its link with a robust immune system. When you eat healthily and feed your body the vital nutrients it needs, conclusively, it gains the strength to fight with diseases and makes you more potent and healthier. A smart diet, with its high-value nutrients, not only gives you a better immune system but also allows your body to work on the repair of your skin cells. That means, more glow and younger-looking skin!
Boosts energy
Are you the one who feels sleepy all day long? If it is yes, you may check your eating habits. A healthy diet might be all you need to boost your energy levels. If your body is not getting enough proper fuel, it could gradually lead to a higher risk of depression, obesity, stroke, and even cancer. Excess of anything is bad, and it goes the same with the bad eating habits.
So, switch to healthy eating habits, and feel more energetic and productive all day long!
Although COVID-19 related restrictions are beginning to ease, many people continue to help slow the spread by staying home and self-isolating. There are still unknowns related to the pandemic and how it will play out, undoubtedly keeping us all on edge. Over the past few months, we’ve been forced to face fears of falling ill, losing a job, spending time alone, etc. With these anxieties weighing on your mind, it may feel as though there’s a sudden need to get your affairs in order, just in case.
It never hurts to be prepared in the event that, for instance, you may need to be hospitalized for coronavirus or any other sickness. Thinking about falling ill or not being able to make decisions for yourself can be frightening, but having an estate plan in place can help ease your concerns.
Many people are taking this time at home to update their estate plans, and if you don’t have one in place, there’s no better time to put it together.
Estate Plan Documents That Should Be Reviewed & Updated If Neccessary
Individuals over the age of 18 should have some level of estate planning in place. You may be surprised to learn that wills and trusts aren’t the only documents to prioritize. A strong estate plan will include several important documents, such as a living trust, financial powers of attorney, health care powers of attorney and more.1
In light of the current pandemic, two of the most important documents to have up-to-date and on-hand are your medical and financial powers of attorney. For instance, if you’re quarantined in your home, admitted to the hospital or become incapacitated, you’ll need someone to handle your finances or make medical decisions on your behalf. With those in place, it’s a good idea to continue organizing a comprehensive estate plan that includes the following documents.
1. Power of Attorney and Health Care Proxy
A financial power of attorney grants authority to carry on a person’s financial affairs and protect their property by acting on their behalf. This includes the ability to write checks, pay bills, make deposits, purchase or sell assets or sign any tax returns.1
Similarly, a health care power of attorney grants the authority to make health care decisions on your behalf should you become incompetent or incapacitated. If you are over the age of 18 and do not have a health care power of attorney in place, your family members will need to request that the court appoint a guardian to take on these responsibilities.1
Ensuring that you have named trustworthy and reliable individuals as your powers of attorney is key as you update your estate plan. If your current documents are outdated, implementing new ones should be on the top of your list.
2. Your Will
A last will and testament is a legal document that allows you to direct distributions of your property at the time of your death. A will also allows you to appoint an executor who oversees the distribution of your assets.2 This person will attend to your affairs after you pass, probate your will if necessary and file income and estate tax returns on your behalf. If you have children who are minors, you should also name a guardian for them in the will.
Everyone has assets that must transfer after a person’s death, and without a will, there is no direction as to how and to whom those assets will pass. Distribution of your assets will be handled by the state and the court will decide on the best person to oversee the administration. This is similar to an appointed guardian in that if you don’t appoint one, a court will decide on the best person to fulfill this role.2
3. Living Trust
In general, your trust benefits you while you are alive and may also be beneficial to others, such as your spouse or children. Identifying who will receive assets upon your death may be a detail that needs updating based on your lifestyle and changes that have taken place. Additionally, you’ll want to outline whether your beneficiaries receive your assets outright or perhaps you’ll want to provide them with an income stream instead. If your beneficiaries are young, you may want to consider holding assets for them in a trust until they are old and responsible enough to handle finances themselves.
Appointing a trustee will identify who will step in to manage your affairs without the involvement of the court, avoiding extra time and money associated with probate.3 A trust also affords you privacy regarding the details of your estate since it eliminates the need for probate, which is a public process.
4. Beneficiaries
Another important update you should make to your estate plan is to review beneficiary designations on your life insurance policies, retirement accounts, etc.2 Keep in mind that if you have a joint asset such as a bank account, that will pass to the surviving joint owner. Be sure to name someone you trust to act in your best interest should the time come for them to be responsible for your assets.
Due to stay-at-home orders and social distancing practices, it may be more difficult to meet with your attorney or notary in-person to prepare or update your documents. There are template websites online that allow you to create documents from scratch, and some states have even suspended various statutes to let people appear before a notary public via videoconference.4 While some documents can be finalized virtually, wills need to be signed in front of witnesses, which means this step to finalizing your documents may need to be done in person.
While you have the time, you should start reviewing your estate plan and making any adjustments with the appropriate professionals as needed. Making necessary and important changes now will likely benefit you and your family in the future.
This content is developed from sources believed to be providing accurate information, and provided by Twenty Over Ten. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.
The Paycheck Protection Program, part of the CARES Act, grants loans to businesses under generous terms. Even better, the government will forgive your loan if you meet certain conditions.
Keep in mind, however, that regulations and future adjustments can tweak certain provisions and that there are more details that a qualified professional can help you interpret.
I heard that the PPP loans had run out of money—has Congress replenished it?
Yes. A new $480 billion package contains over $300 billion to revive the popular Paycheck Protection Program. This amount includes $60 billion earmarked for smaller lending institutions, to better serve small companies that have had trouble getting loans.
The Economic Injury Disaster Loan program received another $60 billion. Separate from the PPP, this loan advance program provides up to $10,000 of economic relief to businesses that are currently experiencing temporary difficulties. Businesses can be eligible for either program or both, but they have to be carefully coordinated.
The PPP loans are for small businesses. How do I know if mine is considered small?
You have to be a business or charity with fewer than 500 employees. However, some businesses with more employees may still qualify. For example, in the restaurant and hospitality industries, the 500-employee cap is waived as long as there are no more than 500 employees at any one physical location. The SBA goes into further detail, noting that even businesses with 500+ employees qualify as long as they satisfy the existing statutory and regulatory definition of a “small business concern” under Section 3 of the Small Business Act, 15 U.S.C. 632. Official guidance lists a full range of exceptions.
The CARES Act excludes from the definition of payroll costs any employee compensation in excess of an annual salary of $100,000. Does that include benefits?
No. This refers only to cash compensation. You do not have to count any of the following toward the $100,000 ceiling: contributions to retirement plans, insurance premiums to group health plans, or state and local payroll taxes the business has to remit.
Are we eligible even though we’re a seasonal business?
Yes. A lender may consider whether a seasonal borrower was in operation on February 15, 2020, or for an 8-week period between February 15, 2019, and June 30, 2019.
We work through a PEO. Are we still eligible?
Yes. Payroll documentation provided by the payroll provider that indicates the amount of wages and payroll taxes reported to the IRS by the payroll provider for the borrower’s employees will be considered acceptable PPP loan payroll documentation. For purposes of the PPP, employees of the eligible borrower will not be considered employees of the eligible borrower’s payroll provider or PEO.
We make payments to independent contractors and sole proprietors. Are these payments included in calculations of our payroll costs?
No. Those payments are not considered payroll. However, the independent contractors or sole proprietors may themselves be eligible for their own PPP loans.
Do companies have to apply for the loan in person?
No. Major banks like Bank of America and Chase, for example, have created an online process.
Can my loan be forgiven?
Yes. To turn the loan into a grant, you must spend at least 75% as payroll. You are allowed to use PPP loan proceeds for various other expenses, but that portion of the loan will not be forgiven. (As long as you meet the 75% floor, however, the entire loan will be forgiven.) If the full amount is forgiven, you owe no interest. Any unforgiven portion will accrue interest at an annual 1% rate and mature in 2 years with a 6-month deferment.
It’s also essential to keep an eye on your staffing to be eligible for forgiveness: Your loan forgiveness will be reduced if (1) you decrease your full-time employee headcount or (2) you decrease salaries and wages by more than 25% for any employee who made less than $100,000 annualized in 2019. You have until June 30, 2020, to restore your full-time employment and salary levels for any changes made between February 15, 2020, and April 26, 2020.
Are there implications to both employer and employee if the company, thanks to a PPP loan, wants to rehire a laid-off employee?
Yes. Everyone has to play this one carefully, thanks to recent guidance from the SBA. An employer may want to rehire a laid-off employee to keep their numbers up and thus take advantage of the loan forgiveness provision. But the employee, thanks to temporarily boosted unemployment benefits, may actually be earning even more by not working, at least for a while, and may refuse to come back. However, if the company has made a bona fide written offer to the employee to come back at the same wages for the same hours, and the employee has refused, the company can exclude that employee from its employment calculations—it will not be penalized. But any employees who turn down such an offer may make themselves ineligible for continued benefits.
Is the SBA making it easier for small borrowers to prove the necessity of their loan requests?
Yes. When submitting a PPP application, all borrowers must certify in good faith that “[c]urrent economic uncertainty makes this loan request necessary to support the ongoing operations of the Applicant.” SBA, in consultation with the Department of the Treasury, has determined that the following safe harbor will apply to SBA’s review of PPP loans with respect to this issue: Any borrower that, together with its affiliates, received PPP loans with an original principal amount of less than $2 million will be deemed to have made the required certification concerning the necessity of the loan request in good faith.
Revenue Procedure 2020-24 provides guidance to taxpayers with net operating losses that are carried back under the CARES Act by providing procedures for:
Waiving the carryback period in the case of a net operating loss arising in a taxable year beginning after Dec. 31, 2017, and before Jan. 1, 2021.
Disregarding certain amounts of foreign income subject to transition tax that would normally have been included as income during the five-year carryback period.
Waiving a carryback period, reducing a carryback period, or revoking an election to waive a carryback period for a taxable year that began before Jan. 1, 2018, and ended after Dec. 31, 2017.
In Notice 2020-26, the IRS grants a six-month extension to file Form 1045 or Form 1139, as applicable, with respect to the carryback of a net operating loss that arose in any taxable year that began during calendar year 2018 and ended on or before June 30, 2019. Individuals, trusts and estates would file Form 1045, and corporations would file Form 1139.
On April 8, 2020, the IRS issued Revenue Procedure 2020-23, allowing eligible partnerships to file amended partnership returns using Form 1065, U.S. Return of Partnership Income, by checking the “Amended Return” box and issuing amended Schedules K-1, Partner’s Share of Income, Deductions, Credits, to each of its partners. Partnerships filing these amended returns should write “Filed Pursuant to Rev Proc 2020-23” at the top of the amended return.
Even under normal rules, net operating loss calculations are complex, so be sure to reach out for professional advice on how these new rules affect your business.
