With the economy continuing to trend upward since the 2008 recession, many businesses have returned to profitability. No business owner ever wants to operate at a loss, but sometimes the economy and other factors dictate otherwise. However, a loss isn’t always a bad thing when you’ve been profitable in prior years or anticipate large profits in future periods.
Tax Warrior Chronicles
Carryback and Carryforward Periods for NOLs – A Tax Lifeline for Business Owners
Posted
on Mon, May 11, 2015