Tag Archives: Tax Provisions

Episode 9 – CARES Act Considerations for Business Owners and Ultra High-Net-Worth Individuals — With Ken Van Damme of Ernst & Young



The Coronavirus Aid, Relief, and Economic Security Act, or the CARES Act, is an economic law designed to address the financial impact of the COVID-19 pandemic.

But how does this act provide support for entrepreneurs and business owners?

Today, Kyle Malmstrom joins Ernst & Young partner Ken Van Damme to provide an update on the CARES Act and what its provisions mean for business owners and ultra high-net-worth individuals.

In this episode, you will learn:

  • Business planning considerations for the Paycheck Protection Program
  • Ways the CARES Act is impacting the real estate industry, owners, and operators 
  • How Net Operating Loss (NOL) carry-back provisions can benefit business owners
  • How the CARES Act is enhancing charitable contributions and retirement plans 
  • And more!

Tune in now for your update on the CARES Act and the provisions that you need to know about!

Resources:  Centura Wealth Advisory | Ken Van Damme | Ernst & Young