Taxesq - IRS Audit and Business Tax Estate Attorney Cherry Hill NJ

Net Operating Loss Carryovers for IndividualsThe American Recovery and Reinvestment Act of 2009 (ARRA) provides  individual taxpayers potential net operating loss (NOL)  deductions. The IRS has provided opinions stating the ARRA  applies to individuals. An “Eligible Small Business” can elect to carry back a 2008 NOL for...