by TaxOps | Sep 1, 2020 | Federal Tax, State and Local, Tax News
Corporate, flow-through, and personal income taxpayers may be affected by changes to NOLs and credit limitations in California, specifically to cash flow and, for corporations, accounting for income taxes (ASC 740). By Davinia Lyon and Judy Vorndran In a mandate sure...
by TaxOps | Apr 28, 2020 | Federal Tax, Tax News
The CARES Act and other relief measures are providing much needed opportunities to businesses to get cash now, tax credits, delays, fixes and changes. We’re helping businesses through the COVID-19 crisis with a free analysis of available tax benefits. Contact...
by TaxOps | Dec 30, 2015 | Federal Tax, Tax News
Valuable, that’s what net operating loss (NOL) carrybacks and carryforwards are. When businesses suffer losses in a calendar year, they may be able to deduct those losses against previous or future tax returns and ?smooth? out income streams from year to year....
by TaxOps | Jul 7, 2015 | Tax Minimization, Tax News, White Papers
Section 382 of the Internal Revenue Code serves to limit corporate tax attributes such as net operating losses following an ownership change. Get the most out of the various special rules and limitations through effective tax planning. [ai_taxops_downloads...
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