Pacific Coast Journal Header

Holy Cow Performance Horses

Saturday, November 5, 2016

Using the Tax Code’s Net Operating Loss Carryover

Since 1918, the Tax Code has provided for the net operating loss carryover (NOL). It is a fundamental feature of U.S. tax law. According to IRS statistics, in 2014 over 1.2 million taxpayers filed for an NOL deduction, with the average amount being $163,292, for a total amount of $196.2 billion.

No comments:

Post a Comment

Maximum Performance

Ritchie

Platinum Performance