In down years, NOL rules can offer tax relief
$225.00
Description
Abstract: A net operating loss (NOL) occurs when a business’s operating expenses and other deductions for a particular year exceed its income. Companies (or owners) may be able to snatch tax relief from this revenue defeat. This article describes the NOL rules and some strategies for navigating them. A sidebar looks at how NOLs work in relation to the alternative minimum tax.
Additional information
Year | |
---|---|
Niche | |
Newsletter | |
Issue | |
Word Count |