“I feel like we are driving down the interstate trying to avoid one fiery crash after another,” a group member wrote. “If you lost money in 2018, 2019 or 2020, carry back those losses up to five years,” wrote another, describing ways to lower federal tax bills. Between April and August, he drew roughly $500,000 from a pool of cash contributions made by friends and family. With few guests, Mr. Patel assigned some of his staff to deep-cleaning jobs. He added that some of the hotel companies’ requirements had started to seem unreasonable.

Source: New York Times October 06, 2020 17:40 UTC