The CARES Act included a five-year net operating loss carryback period. Robert Kovacev and Robert Morris of Norton Rose Fulbright highlight the dangers of rushing to claim these NOLs that could become more of a pitfall than a benefit for the unwary taxpayer.

Read the entire article.



Contact

Robert C. Morris
Robert C. Morris
Co-Head of Tax, United States; Office Administrative Partner, Houston
Email
robert.morris@nortonrosefulbright.com
T: +1 713 651 8404

Practice area:

Industries:

Recent publications

Publication

Understanding hydrogen in Japan

The Japanese government passed the Hydrogen Society Promotion Act (the Hydrogen Act) on 17 May 2024, which implements a ‘twin-track’ approach to subsidising the hydrogen economy

Global | September 12, 2025

Energy
Technology-tech-sector-innovation-information governance-cloud

Publication

Avoiding costly ERP and cloud systems implementation failures

US Head of Technology Transactions Sean Christy recently authored an article for CIO offering expert insights on how to prevent failures in ERP and cloud systems implementations.

United States | September 11, 2025

Corporate, M&A and securities

Publication

New SEC task force prioritizes combatting cross-border fraud

The Securities and Exchange Commission announced the formation of a new task force to combat cross-border fraud impacting US investors.

United States | September 09, 2025

Regulation and investigations
Site search

Subscribe and stay up to date with the latest legal news, information and events . . .

Subscribe now